Aqaba:The Social Security Investment Fund (SSIF) reported a total comprehensive income of approximately JD 1.37 billion during the first nine months of the year. This figure includes an insurance surplus transfer of about JD 110 million from the Social Security Corporation.
According to Jordan News Agency, The comprehensive income consisted of a net income of JD 879 million and a net increase of around JD 492.4 million in the valuation of the strategic equity portfolio. Compared to the same period in 2025, net income has increased by 8.6 percent, primarily due to bonds amounting to JD 511.4 million, equities at JD 248.3 million, and money market instruments at JD 86 million.
The asset distribution of SSIF was as follows 56.2 percent in bonds, 21.3 percent in equities, 11.5 percent in money market instruments, 5.6 percent in real estate, 2.4 percent in loans, and 1.6 percent in tourism investments.
Omar Malhas, Chairman of the Social Security Investment Board, emphasized that SSIF plays a crucial role in the national economy. Its investment decisions are based on a prudent policy and institutional governance frameworks, assessing opportunities for returns and acceptable risk levels. The fund is expanding into significant long-term projects in water, energy, transport, and mining through strategic partnerships both locally and internationally.
Chief Executive Officer Dr. Izzeddin Kanakrieh stated that the current results lay a strong foundation for growth in existing investments and entry into new sectors and major projects. SSIF is leveraging its financial scale and expertise to explore new investment opportunities and build strategic partnerships. The fund is also considering potential synergies across its portfolio to enhance existing investments by reducing costs and improving efficiency.
Recent developments highlight SSIF's direction towards major project investments. The foundation stone for the Aqaba-Al Shidiya-Ma'an Railway Project was recently laid, with SSIF holding a 7 percent stake in the project company through a Jordanian-Emirati partnership. This project represents SSIF's first venture into rail transport and aims to support its investments in the Jordan Phosphate Mines Company and Arab Potash Company by reducing transport costs and improving efficiency.
Additionally, SSIF has partnered with the Oman Investment Authority to establish the Jordanian-Omani Investment Company in Jordan, with an investment size of USD 100 million, equally owned by both parties. For the National Water Carrier Project, a wholly owned subsidiary of the Social Security Corporation, the National Water Investments Company, was created to acquire a 15 percent stake in the project company. SSIF is also finalizing its contribution to project financing through a consortium of Jordanian commercial banks.
Moreover, the Cabinet approved SSIF's 20 percent equity stake in the IPP7 Combined-Cycle Power Generation Project. SSIF is also in the process of acquiring a 20 percent stake in the project company developing a purified phosphoric acid plant in partnership with the Jordan Phosphate Mines Company and Arab Potash Company.
SSIF remains committed to exploring opportunities in technology, mining, and transport while attracting strategic partners for new projects. The fund continues to grow social security funds, serve contributors and retirees, and support economic growth and investment activity in Jordan.