The Chairman of the Social Security Investment Fund (SSIF), Ezzeddin Kanakrieh, announced that the Fund’s total assets have approached 18 billion Jordanian dinars, representing over 45% of the country’s GDP.
اضافة اعلان
Speaking at the Government Communication Forum on Tuesday, Kanakrieh stated that the Fund invests the majority of its capital in the Jordanian economy, diversified across key productive and strategic sectors.
He noted that the Fund’s assets have grown significantly since its establishment in 2003, increasing from 1.6 billion dinars to 17.9 billion dinars by the end of September 2025.
Kanakrieh added that the Fund’s assets grew by 10.6% since the beginning of the year, generating a net income of 809 million dinars from its investment portfolios. The returns on investment portfolios during the third quarter of 2025 alone reached 809.6 million dinars, while the comprehensive income increased by 133.5% to 1.6 billion dinars.
He highlighted that the Fund is financing several key national projects, including Tafileh Hospital, the Madouna Customs Center, and the Amman–Zarqa Bus Rapid Transit (BRT) project. It is also a strategic partner in the National Water Carrier Project and continues to assess investment opportunities aligned with the Economic Modernization Vision.
Kanakrieh emphasized that the Fund’s objectives are to achieve sustainable and profitable returns within acceptable risk levels, ensure liquidity to meet future obligations of the Social Security Corporation, support national economic growth, and uphold transparency and good governance standards.
He explained that investing in local government bonds provides stable and regular returns that align with the Fund’s pension commitments, describing such investments as low-risk and key to reducing overall portfolio risk. He added that the Fund is also a major investor in the banking, industrial, and services sectors, with plans to expand investments in the mining industry.
Kanakrieh revealed that 57.8% of the Fund’s assets, equivalent to about 10.3 billion dinars, are invested in government bonds, primarily those issued domestically.
He also noted that the Fund’s equity portfolio amounted to approximately 3.2 billion dinars at the end of Q3 2025, including nearly 3 billion dinars invested in public shareholding companies listed on the Amman Stock Exchange, representing around 13% of the market’s total capitalization.
Regarding real estate investments, Kanakrieh said the Fund owns lands and commercial complexes across several governorates, with the real estate portfolio valued at around 894.4 million dinars at the end of the third quarter of 2025.
