AMMAN — The Board of Directors of Social Security Corporation (SSC), chaired by Minister of Labour Khalid Bakkar, SSC Director General Jadallah Khalayleh and board members, reviewed the financial performance of the Social Security Investment Fund (SSIF) as of the end of the third quarter of 2025.

 

SSIF CEO Ezzeddine Kanakrieh presented the fund’s financial performance indicators, showing "exceptional" growth in total assets, which reached around JD18 billion by the end of September, marking an increase of around JD1.7 billion since the beginning of 2025.

 

Kanakrieh said this growth resulted from a rise in "comprehensive" income, which reached about JD1.6 billion, compared with JD664.5 million for the same period in 2024, marking a 133.5 per cent increase, in addition to the insurance surplus transferred from the Social Security Corporation, amounting to around JD164 million.

 

He explained that the "comprehensive" income includes a net income of around JD809.6 million and a net revaluation gain of the strategic equity portfolio of about JD741.7 million, the Jordan News Agency, Petra, reported.

 

Kanakrieh noted that the "improved" performance of investment portfolios reflected positively on net income, which rose by 16 per cent compared with the third quarter of last year, affirming that this positive performance underscores the fund’s prudent investment strategy, grounded in good governance and "disciplined" institutional management.

 

The approach, he said, is based on "diversified" asset allocation to achieve "sustainable" returns while maintaining performance stability within "calculated" risk levels.

 

He added that, as a long-term strategic investor in the Amman Stock Exchange (ASE), the fund focuses on companies with "efficient" operational management and "stable" financial performance, following a sectorial balanced distribution that limits the risks of return fluctuations and short-term market conditions.

 

Kanakrieh pointed out that the value of the fund’s listed equity portfolio had increased "notably" this year, with record-high profits driven by the strong performance of major companies in which the fund invests.

 

He explained that part of the fund’s assets is invested in "fixed-income" instruments, such as deposits, bonds and loans, which are "key" components of pension fund portfolios, managed under the same investment policy that balances returns and risks.

 

Kanakrieh noted that the fund’s investments in government bonds are made in accordance with the Public Debt Law, under which the Central Bank of Jordan (CBJ) issues Treasury bonds through auctions open to banks, savings and investment funds, pension funds, including the SSIF, and insurance companies.

 

Bids are evaluated based on the proposed prices and the size of each offer.

 

He reaffirmed the government’s commitment to "regularly" paying interest on its bonds and redeeming their principal amounts upon maturity.

 

Kanakrieh stressed that the fund maintains a "strong" investment presence across various economic sectors, including banking, mining, energy, tourism, agriculture, real estate development and development zones, in addition to financing infrastructure projects in health, transport, and public services across the Kingdom through strategic, nationwide investments.

 

He added that the fund seeks to consolidate its role as a "key" national partner in "major" projects that form a cornerstone of sustainable growth in Jordan, notably, its participation in the National Water Carrier Project.

 

The fund, he said, is also focused on a number of Economic Modernisation Vision (EMV) projects aimed at diversifying its portfolio and enhancing the productive and developmental impact of its investments.