Tuesday, 02 January 2024 12:17 GMT

SSIF Assets Approach JD18 Billion, Driven By Strong Portfolio Performance And Market Gains


(MENAFN- Jordan News Agency)


Amman, Oct. 19 (Petra) -- The Social Security Investment Fund (SSIF) reported robust financial performance for the first nine months of 2025, with its total assets nearing JD18 billion by the end of the third quarter, an increase of JD1.7 billion since the start of the year, representing a 10.6% growth rate.
According to a statement issued by the Fund, the expansion was primarily fueled by strong investment returns, capital gains on strategic equity holdings, and the transfer of a JD164 million insurance surplus from the Social Security Corporation. The Fund's comprehensive income surged to JD1.6 billion, more than doubling last year's figure of JD664.5 million, reflecting a 133.5% increase.
The results include a net investment income of JD809.6 million and an unrealized gain of JD741.7 million from the revaluation of equity investments. Income across the Fund's diversified portfolios rose 16% year-on-year, supported by JD454.6 million in bond yields, JD222.4 million from equities, and JD104.9 million from money market instruments, in addition to solid returns from real estate and loan portfolios.
The Fund's portfolio allocation remains conservatively structured, with bonds accounting for 57.8% of total assets, followed by equities (18.2%), money market instruments (12.6%), real estate (5%), loans (3.2%), and tourism investments (1.8%).
Omar Malhas, Chairman of the Investment Council, said the results underscore the Fund's long-term investment discipline and prudent risk management framework, which focus on achieving sustainable returns while supporting national development priorities. "Our strategy is built on diversification, institutional governance, and active participation in productive sectors that strengthen Jordan's economic base," Malhas noted.
He highlighted the Fund's role as a key national investor in large-scale infrastructure projects such as the National Water Carrier, alongside new ventures in renewable energy, real estate, and logistics that align with the Economic Modernization Vision 2033.
Dr. Ezzedine Kanakrieh, CEO of the Fund, said the SSIF's performance reflects effective portfolio management and sound investment timing, especially in a challenging global environment. "We continue to expand our positions in strategic listed companies based on detailed market analysis and long-term value creation opportunities," he said.
Kanakrieh added that the Fund's real estate strategy is progressing steadily, with new strategic land acquisitions and long-term lease agreements under the Build-Operate-Transfer (BOT) model. These initiatives, he said, are designed to enhance asset value, stimulate local economies, and create sustainable employment opportunities.
The SSIF emphasized that it remains committed to its dual mandate: protecting the retirement savings of Jordanians while maximizing sustainable returns that contribute to macroeconomic stability. The Fund's long-term strategy, it said, will continue to prioritize institutional efficiency, sectoral diversification, and alignment with national development goals.

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