Amman, Jan. 28 (Petra) -- The Orphans Fund Development Foundation (OFDF), an independent public institution tasked with preserving and growing orphans’ funds, announced it recorded revenue growth of more than 4% last year, reaching JD15.026 million, up from JD14.426 million in 2024, in line with government directions aimed at strengthening financial sustainability and supporting national development.
In a statement issued Wednesday, the OFDF said it will continue to reinforce its position as a leading institution in safeguarding and growing orphans’ funds, and in contributing to the targets of the economic and administrative modernization visions by translating Royal directives into actionable plans and executive programs that deliver measurable outcomes. It said this includes further developing its investment portfolio and generating financial returns on orphans’ deposits.
Chairman of the OFDF, Abdul Hafiz Rabta, said net profits rose by 8% last year to JD11.861 million, compared with JD10.906 million for the same period in 2024, an increase of JD955,022.
Rabta said the foundation also supported government efforts to improve citizens’ living conditions, noting that its financing portfolio under murabaha and lease-to-own structures stood at JD91.775 million, up 1.8% compared with 2024.
Based on these indicators, he said the OFDF Board decided to distribute profits at a rate of 4.92% on orphans’ deposit accounts for 2025 across all categories, describing it as among the highest distribution rates in recent years and reflective of the foundation’s commitment to social justice and maximizing returns for the deposits of 45,013 minors.
He added that, to strengthen institutional performance and sustain results, the foundation launched its 2026-2028 strategic plan as a roadmap for the next phase. The plan, he said, was developed through a participatory approach in cooperation with partners and relevant stakeholders to ensure institutional integration and durable outcomes.
He said the plan aims to entrench governance principles, raise institutional efficiency, and build on achievements delivered under the previous 2021-2025 strategy.
Rabta said the OFDF continues to adopt best practices in investment management to bolster its financial position and expand its capital base, in line with the political, economic, and administrative modernization tracks as an integrated national project.
He added that the foundation is moving forward with its digital transformation program and is seeking to launch all services electronically during the current year to improve efficiency, streamline procedures, and enhance service quality.
//Petra// AO
