Title: Iran Expands Equity Justice Shares, Prioritizing Next Generation and Low-Income Families
In a significant move to broaden economic participation, the Iranian government is finalizing plans for a new phase of its “Justice Shares” program. This initiative is set to extend the program’s benefits to new segments of the population, with a particular focus on children born after 2006 and families who were not included in the initial scheme.
A New Phase for a New Generation
While a new registration period has not yet officially opened, government authorities have confirmed that a second wave of the Justice Shares program is in its final design stages. A central pillar of this new phase is the inclusion of younger citizens. The program aims to grant shares to children born after the initial scheme was implemented (2006-2010), ensuring the next generation has a financial stake in the nation’s economic future.
This expansion aligns with the government’s broader policy of “Supporting the Family and Youthful Population,” creating a long-term economic foundation for new generations.
Recent Successes and Ongoing Implementation
The groundwork for this expansion is already being laid. Recent reports confirm that the accounts of infants born in the Iranian year 1402 (2023-2024) have been credited with shares valued at 2.3 million tomans. This action is part of the ongoing implementation of the law, which mandates the government to allocate shares in exchange-traded investment funds to every child born from the year 1400 (2021-2022) onwards.
To date, over 671,000 individuals who were previously omitted have been registered, with the allocation of their shares currently in progress.
Strategic Focus on Economic Justice
The expansion of the Justice Shares program is a key component of the government’s strategy to strengthen economic justice and support low-income households. Officials have indicated that in the upcoming registration phase, priority will be given to welfare recipients and the first to fifth income deciles.
A member of the Iranian Parliament’s Plan and Budget Commission emphasized that the legislature has fulfilled its duty by identifying approximately 9 million eligible individuals who were left out of the initial program. The government is now tasked with covering these individuals, with a clear priority on supporting vulnerable families.
What Citizens Should Know
Prospective applicants are advised that the official registration system for this new phase is not yet active. Authorities have issued strong warnings to be vigilant against fraudulent websites claiming to offer early registration.
In preparation for when the system opens, parents can take preliminary steps, such as registering their child’s information with the national Sejam system and ensuring they have a bank account in the child’s name.
This planned expansion of the Justice Shares program underscores a continued commitment to inclusive economic policies, aiming to provide a tangible financial asset for millions of Iranians and foster a culture of national investment among the youth.