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The Social Security Investment Fund (SSIF) has successfully completed the external audit of its Quality Management System (QMS) in accordance with ISO 9001:2015 standards. The audit was conducted by SGS, a globally recognized certification body, marking a significant step toward obtaining the Fund’s official international quality certification.
CEO of SSIF Dr. Ezzeddine Kanakrieh, stated that this achievement underscores the Fund’s unwavering commitment to strengthening its institutional frameworks, enhancing operational efficiency, and aligning with global governance and quality standards. “At SSIF, quality management is not merely a procedural obligation,it is embedded in our institutional culture and reflected in measurable outcomes,” Dr. Kanakrieh noted. He further emphasized that successfully passing the audit signals a high degree of internal readiness and a firm commitment to continuous improvement, reinforcing the Fund’s position as a reliable and forward-looking investment partner. Eng. Hisham Jalham, Certification Director at SGS – Jordan, praised SSIF’s strong institutional commitment and operational excellence. He highlighted that the audit results demonstrate the Fund’s ability to implement quality systems aligned with international best practices and its preparedness to advance further in institutional development. This milestone serves as a testament to the robustness of SSIF’s institutional model in managing assets exceeding JOD 17 billion, equivalent to approximately 40% of Jordan’s GDP. It also reinforces investor confidence in Jordan’s business environment and its capacity to adopt and sustain internationally recognized standards with professionalism and consistency.
The Social Security Corporation (SSC) is a major investor in the tourism sector. Geographically, its portfolio covers most parts of the Kingdom through direct and indirect investments.
SSIF invests in the energy sector through strategic holdings in electricity generation and distribution companies, in addition to renewable energy projects
Al Daman for Development Zones Company (DDC) was established in 2009 as a private shareholding company fully owned by the Social Security Corporation. DDC is the investment arm of the Investment Fund for infrastructure development, services and marketing for the King Hussein Bin Talal Development Area in Al Mafraq and the Irbid Development Area
The value of the equity portfolio amounted to around JD 2,699.6 million as at 31/03/2025
The portfolio consists of money market instruments with maturity dates that do not exceed one year, such as deposits, treasury bills, repurchase agreements, certificates of deposit and current accounts.
The Fund invests in medium and long term loans through direct lending to the Jordanian Government and its public institutions, and also by participating in syndicated loans to companies for a period that is not less than one year.
In September 2020, SSIF established a wholly owned company that will launch an agricultural project in the south on an area of 30,000 dunums with a total investment of JD 13 million