AMMAN — Assets of the Social Security Investment Fund (SSIF) rose to JD19.2 billion by the end of the first quarter of 2026, up from JD18.7 billion at the start of the year, marking a 2.8 per cent increase, or JD519.3 million.

 

The growth was driven by higher comprehensive income, which reached JD485.6 million in the first quarter, compared with JD482.7 million in the same period last year, in addition to JD30 million in insurance surpluses transferred from the Social Security Corporation.

 

Comprehensive income comprised net profits of JD252.7 million and a JD232.9 million increase in the valuation of the strategic equity portfolio.

 

Net income from investment portfolios rose by 5.4 per cent year-on-year, with returns generated from bonds amounting to JD164 million, equities JD50.7 million, and money market instruments JD28.7 million, alongside contributions from other portfolios.

 

The fund said cash dividends from companies’ 2025 results are expected to exceed JD200 million, with the bulk of the impact likely to be reflected in second-quarter performance.

 

In terms of asset allocation, bonds accounted for 56.7 per cent of the portfolio, followed by equities at 20.7 per cent, money market instruments at 10.5 per cent, real estate investments at 6 per cent, loans at 2.8 per cent, and tourism investments at 1.7 per cent.

 

Social Security Investment Council Chairman Omar Malhas said surpassing JD19 billion reflects a prudent investment strategy grounded in diversification, risk management and sustainable returns.

 

He added that 2026 is witnessing an expansion in investments in major national projects, including a 7 per cent stake in the Aqaba Railway project and a 15 per cent stake in the National Water Carrier project, in addition to participation in bank financing and tourism ventures.

 

SSIF Chairman Ezzeddin Kanakrieh said the first quarter saw active investment moves, including increased exposure to the Amman Stock Exchange and expansion across the banking, mining and real estate sectors.

 

He added that the fund is exploring new opportunities in education, technology and mining.

 

Kanakrieh noted that investments in strategic projects carry both direct and indirect economic impact, supporting national growth and reinforcing the fund’s long-term financial sustainability.