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AMMAN — The Social Security Investment Fund (SSIF) increased its assets to approximately JD19.7 billion by the end of June 2026, up from JD18.7 billion at the end of 2025, marking growth of JD1 billion, or 5.4 per cent, during the first six months of the year.
The fund said in a statement that the increase was driven by comprehensive income of JD903.8 million during the first half of 2026, together with a surplus of around JD100 million transferred from the Social Security Corporation (SSC).
Comprehensive income comprised net investment income of JD633.6 million and unrealised gains of approximately JD270.2 million resulting from the revaluation of the Fund's strategic equity portfolio.
Net income from the fund's investment portfolios rose by 7.2 per cent compared with the corresponding period last year. Bonds generated the largest share of returns, contributing JD335.1 million, followed by equities at JD224.5 million and money market instruments at JD56.4 million, alongside income from the Fund's other investment portfolios.
The fund said the results reflected its investment strategy of diversifying assets across sectors, asset classes and geographical markets.
Cash dividends received from the equity portfolio for the 2025 financial year reached a record JD217 million, the highest level since the fund was established, reflecting the performance of companies in which it holds investments.
At the end of June, bonds accounted for 57.2 per cent of the fund's assets, followed by equities (20.5 per cent), money market instruments (10.8 per cent), real estate investments (5.8 per cent), loans (2.5 per cent) and tourism investments (1.7 per cent).
SSIF Chairman Omar Malhas was quoted in the statement as saying that the fund's strategy focused on identifying high-quality investment opportunities and building long-term partnerships capable of generating sustainable financial returns while supporting Jordan's economic development.
He said that the fund had adopted a long-term investment approach centred on priority sectors and institutional partnerships designed to deliver sustainable value and strong risk-adjusted returns for contributors and beneficiaries of the social security system.
Malhas added that the fund's recent strategic partnerships would broaden its investment opportunities, support national projects aligned with Jordan's Economic Modernisation Vision and strengthen its role as a long-term institutional investor.
Chief Executive Officer Izzeddin Kanakrieh also said that maintaining strong investment performance required disciplined portfolio management, prudent risk management and timely investment decisions.
He added that the fund continued to strengthen its portfolios through active investment management, ongoing assessment of new opportunities and disciplined execution of investment decisions to support sustainable long-term returns.
During the first half of 2026, the fund said it had launched several strategic investment initiatives aimed at expanding its regional partnerships and strengthening its long-term investment platform.
Among the key developments was the establishment of the Jordanian-Omani Investment Company in partnership with the Oman Investment Authority, with initial capital of $100 million. The company will pursue joint investments in sectors including information and communications technology, agriculture, pharmaceuticals, energy, mining, tourism, logistics and infrastructure in both Jordan and Oman.
The fund also completed procedures to acquire a 7 per cent stake in the Aqaba Railway Project Company, marking its first investment in the railway transport sector through a Jordanian-Emirati partnership, according to the statement.
“The investment is expected to support the development of a major national infrastructure project while enhancing the value of the fund's investments in Jordan Phosphate Mines Company and Arab Potash Company through lower transport costs, improved logistics and greater competitiveness for Jordan's mining sector.”
The SSIF also signed a memorandum of understanding with the Arab Mining Company to assess the feasibility of establishing a strategic partnership to develop a phosphate fertiliser manufacturing project, supporting efforts to increase value added from Jordan's natural resources, it said.
Another memorandum of understanding was signed with the Saudi Jordanian Investment Fund to identify, evaluate and develop investment opportunities across key sectors of the Jordanian economy.
Since the beginning of the year, the fund said it has continued to increase its investments in several companies listed on the Amman Stock Exchange, particularly in the banking and mining sectors, focusing on companies with strong financial performance, sound governance and sustainable dividend records.
By the end of June, the fund's holdings represented approximately 13.5 per cent of the Amman Stock Exchange's total market capitalisation, reinforcing its position as one of Jordan's largest institutional investors, according to the statement.
