Social Security Investment Fund: Investment Decisions Are Independent, Grounded in a Robust Institutional Governance Framework

Social Security Investment Fund: Investment Decisions Are Independent, Grounded in a Robust Institutional Governance Framework

The Social Security Investment Fund (SSIF) affirmed that its investment decisions are taken independently and free of any interference, within an integrated institutional governance framework defined by the Social Security Law and the regulations in force.

The Fund said its decisions rest strictly on professional and economic considerations that protect the rights of subscribers and pensioners and support the sustainability and growth of social security funds. Its aim, it said, is to secure the best possible returns within acceptable levels of risk, in line with its role as a long-term investor able to help the Social Security Corporation meet its future obligations.

The Fund stressed that claims raised from time to time about interference in its investment decisions have no basis in reality or in the legal framework governing its work, and disregard a governance system built on clearly defined powers and successive levels of study, decision-making and oversight that together guarantee the independence and professionalism of the investment decision. 

The Fund explained that its decision-making is professional and independent of government, noting that the law separates the powers of the Corporation's Board of Directors, which approves the general investment policy and plan, from those of the Social Security Investment Board, which takes and implements investment decisions within that policy and plan.

Investment opportunities, it said, are first examined by the relevant directorates based on financial, technical and legal studies and risk analysis, and the results of these studies are presented to the Fund's Investment Committee, while decisions beyond the committee's authority are referred to the Investment Board. Every opportunity is judged on its own merits, whoever owns the project behind it, against professional criteria that include economic feasibility, expected return, level of risk, contribution to portfolio diversification, and consistency with the approved investment policy.

The Fund added that its investment governance rests on an integrated oversight system spanning its internal control units, the committees of the Investment Board, the Corporation's Board and its committees, the Audit Bureau, the external auditor, and the periodic reports submitted under the Social Security Law to Parliament and the Council of Ministers.

Pointing to its recent performance, the Fund said its assets rose to about JD 19.7 billion by the end of the first half of 2026, with comprehensive income of JD 903.8 million over the period. In 2025, assets grew by JD 2.4 billion to JD 18.6 billion, up 15.2 percent on 2024, while comprehensive income reached some JD 2.2 billion against roughly JD 1 billion in 2024, growth of 118.5 percent.

The Fund said it continues to diversify its portfolio through participation in major national projects and investments in strategic companies across a number of banks and mining firms, describing the independence of its investment decision as a legal and institutional safeguard that protects social security funds and the rights of subscribers and pensioners for present and future generations.