Jordan’s Social Security Investment Fund (SSIF) continued its strong growth during the first half of 2026, with total assets reaching approximately JD19.7 billion, up from JD18.7 billion at the end of 2025, representing an increase of JD1 billion, or 5.4%.
In a statement issued on Saturday, the fund said the increase was driven by comprehensive income of JD903.8 million during the first six months of the year, in addition to an insurance surplus transfer of around JD100 million from the Social Security Corporation.
The comprehensive income consisted of JD633.6 million in net investment income and JD270.2 million in gains from the revaluation of the strategic equity portfolio.
Net income generated by the investment portfolios increased by 7.2% compared with the first half of 2025. The growth was primarily driven by the bond portfolio, which generated JD335.1 million, followed by the equity portfolio with JD224.5 million, money market instruments with JD56.4 million, and income from the fund’s remaining investment portfolios.
The fund said the results reflect the effectiveness of its diversified investment strategy across sectors and geographic markets.
Record Cash Dividends
The fund also recorded its highest-ever cash dividend income from listed companies, receiving approximately JD217 million in dividends based on companies’ 2025 financial results.
According to the statement, the record payout reflects the strong performance of the companies in which the fund invests, the quality of its investment portfolio, and its ability to generate sustainable cash flows.
Asset Allocation
As of the end of the first half of 2026, the fund’s assets were allocated as follows:
* Bonds: 57.2%
* Equities: 20.5%
* Money market instruments: 10.8%
* Real estate investments: 5.8%
* Loan portfolio: 2.5%
* Tourism investments: 1.7%
Focus on Strategic Investments
Chairman of the Social Security Investment Council Omar Malhas said the fund’s strength lies not only in the size of its investments but also in the quality of the opportunities it selects, the partnerships it establishes, and its ability to combine financial returns with positive economic impact.
He said the fund has adopted a long-term strategy focused on directing capital toward strategic investments and institutional partnerships that support priority sectors, generate sustainable value for the national economy, and deliver strong returns.
Malhas added that the fund’s recent partnerships demonstrate its commitment to building long-term investment relationships with experienced regional institutions, expanding investment opportunities, supporting strategic national projects, and contributing to the objectives of Jordan’s Economic Modernization Vision.
Sustainable Investment Strategy
SSIF Chairman Ezzeddin Kanakrieh said maintaining sustainable investment performance in a changing economic environment requires more than selecting attractive investment opportunities.
He noted that success depends on building a professionally managed investment portfolio, continuously monitoring performance, and making timely investment decisions while maintaining carefully managed risk levels.
Kanakrieh added that the strength of an investment portfolio should be measured by its ability to generate long-term value and capitalize on new opportunities rather than simply by the number of investments it holds.
Major Strategic Projects
During the first half of 2026, the fund launched several strategic investment initiatives.
It partnered with the Oman Investment Authority to establish the Jordanian-Omani Investment Company, with an initial investment of US$100 million.
The joint venture will focus on investments in:
* Information and communications technology (ICT)
* Agriculture
* Pharmaceuticals and medical supplies
* Energy
* Mining
* Tourism
* Logistics
* Infrastructure
* Other priority sectors in both countries
The fund also completed its investment in the Aqaba Railway Project Company, marking its first investment in the railway transportation sector through a Jordanian-Emirati partnership, acquiring a 7% stake in the project.
The investment is expected to support a strategic national infrastructure project while enhancing the value of the fund’s investments in Jordan Phosphate Mines Company and Arab Potash Company by reducing transportation costs, improving logistics efficiency, and strengthening the competitiveness of Jordan’s mining sector.
In addition, the fund signed a memorandum of understanding (MoU) with the Arab Mining Company to explore a partnership in a phosphate fertilizer manufacturing project aimed at increasing the value added of Jordan’s natural resources and expanding downstream industries.
Another MoU was signed with the Saudi Jordanian Investment Fund to identify and develop promising investment opportunities across Jordan, helping accelerate investment projects in key economic sectors and attract long-term capital.
Expanding Strategic Equity Holdings
Since the beginning of 2026, the fund has continued increasing its investments in several strategically important listed companies, particularly in the banking and mining sectors.
The strategy focuses on companies with strong financial performance, promising growth prospects, and consistent dividend distributions.
The fund’s investments in companies listed on the Amman Stock Exchange now account for approximately 13.5% of the exchange’s total market capitalization.
Strengthening Corporate Governance
Alongside its investment activities, the fund continued strengthening its institutional governance framework by organizing the 11th Corporate Governance Forum, titled:
“Governance in a Time of Transformation: Responsible Leadership and a Digital Future.”
The forum brought together Social Security representatives serving on corporate boards, along with governance, leadership, and digital transformation experts, to promote best practices and strengthen board readiness for rapid economic and technological change.
The fund said it remains committed to building a diversified, resilient, and professionally managed investment portfolio capable of adapting to changing economic conditions, seizing new investment opportunities, and maximizing the long-term value of Social Security assets for the benefit of current and future contributors and retirees.
