SSIF says assets reached JD18.6b, equal to 43% of GDP

 The Social Security Investment Fund (SSIF) said on Saturday that it continues to strengthen its position as one of the leading institutional investors in the national economy, with assets equivalent to about 43 per cent of Jordan’s gross domestic product, according to SSIF CEO Dr. Izzaldeen Kanakrieh
Kanakrieh told the Jordan News Agency, Petra, that the fund’s investments span most economic sectors and governorates, contributing to economic development and reinforcing its role as a key investment pillar of the national economy.
He noted that the fund follows a long-term investment strategy based on asset diversification, prudent risk management and decisions grounded in specialised technical and financial studies, ensuring viable returns within acceptable risk levels.
The approach reflects the fund’s institutional responsibility to manage and grow the savings of contributors and retirees while supporting the sustainability of the pension system for current and future generations, he added.
Kanakrieh said the fund’s assets have grown steadily since its establishment, rising from JD1.6 billion in 2003 to around JD18.6 billion by the end of 2025. The growth reflects cumulative investment profits of JD10.8 billion, in addition to about JD6.2 billion in cash surpluses transferred from the Social Security Corporation since the fund was established.
He added that assets increased by around JD2.4 billion in 2025 alone, representing growth of 15.2 per cent compared with 2024, underscoring the strength of the fund’s long-term investment strategy in managing social security savings.
According to Kanakrieh, companies and projects owned or invested in by the fund provide more than 100,000 direct jobs, in addition to tens of thousands of indirect employment opportunities in sectors such as industry, services, transport and supply chains.
Regarding the fund’s investment portfolio, Kanakrieh said it is distributed across diversified asset classes to spread risk and generate stable long-term returns, within an institutional framework that balances financial sustainability with national economic priorities.
The portfolio includes investments in bonds, money market instruments, equities, real estate, loans and tourism projects, in addition to other ventures across various sectors of the national economy.
Bonds account for around 55.6 per cent of total assets, followed by equities at about 19.9 per cent and money market instruments at approximately 12.1 per cent. Real estate investments represent about 6.2 per cent of the portfolio, loans around 3 per cent and tourism investments roughly 1.7 per cent.
Kanakrieh noted that the fund’s investments extend across sectors, including banking, mining, conventional and renewable energy, tourism, agriculture and real estate development. The fund also invests in development zones and contributes to financing several major national projects through financial leasing in sectors such as health, transport and logistics.
He said the allocation reflects the nature of the fund as a long-term pension investor, noting that pension funds globally tend to allocate a larger share of their portfolios to fixed-income instruments due to their stable returns and their ability to meet long-term pension obligations, while maintaining equity investments to enhance returns and diversify income sources.
Regarding performance, Kanakrieh said the fund recorded positive results in 2025, with net returns from its investment portfolios reaching around JD1.1 billion. Comprehensive income rose to about JD2.2 billion, compared with around JD1 billion in 2024, representing growth of approximately 118.5 per cent.
He explained that comprehensive income includes net returns of JD1.1 billion from the investment portfolios, in addition to a net increase of JD1.1 billion in the valuation of the strategic equity portfolio, reflecting the efficiency of portfolio management and the fund’s gradual approach to growing assets and maximising returns.
Kanakrieh added that the fund’s investments in public shareholding companies listed on the Amman Stock Exchange reached JD3.4 billion, representing around 13 per cent of the exchange’s total market capitalisation, highlighting the fund’s pivotal role as a long-term institutional investor in the financial market.
He also said the fund’s share of cash dividends distributed by listed companies from their 2024 profits amounted to around JD191 million in 2025, the highest level on record, reflecting improved financial performance among several major companies in which the fund invests.
Kanakrieh noted that these returns extend beyond direct income for the fund, helping strengthen the performance of the Amman Stock Exchange, boost investor confidence in the Jordanian financial market and enhance the attractiveness of the Kingdom’s investment environment.