Orange Jordan allots 20 annual grants to cover bank interest for employees’ housing loans


(Amman, Jordan – January 13, 2016) – Orange Jordan has announced that it will provide 20 annual grants to employees in order to cover the interest from their housing loans. The company will cover up to JD1,000 annually – for a total of eight years – for each of the program's beneficiaries, allowing these employees to ease the burden of their interest or murabaha financing on housing loans provided by any commercial or local Islamic bank.

The new grants will be awarded through Orange Jordan's human resources department. Interested employees will be required to meet a number of criteria in accordance with the rules and regulations for the housing loans, while their grant applications will be evaluated by an internal committee established specifically for this purpose.

Speaking on the occasion, Orange Jordan CEO Jerome Henique stated that these new housing grants build upon the company's commitment to providing the best work environment for its employees. By further elevating the company's positive internal culture, Orange Jordan aims to elevate employees' performances in order to provide a better customer experience, in line with the company's core strategy, "Essentials 2020."

Henique confirmed that Orange Jordan will continue to provide a positive and appreciative work environment based on its core value systems, adding that the new housing grants will help to minimize the financial burdens of securing appropriate housing and social security for its employees.

In 2015, Orange Jordan was named one of the top 20 places to work in the Kingdom by Jordan Business Magazine. The company offers to its employees a wide range of benefits, including complete health coverage, ample opportunities for salary increases and other financial incentives, preferred rates on loans, and scholarships for employees' children, in addition to continuous training and professional development.