Khaberni - The assets of the Social Security Investment Fund continued to grow, reaching 19.2 billion dinars at the end of the first quarter of 2026, compared to 18.7 billion dinars at the beginning of this year, achieving an increase of 519.3 million dinars, a 2.8 percent growth rate.
This growth was due to an increase in comprehensive income, reaching about 485.6 million dinars during the first quarter of this year compared with 482.7 million dinars for the same period last year, in addition to the transferred insurance surplus from the Social Security Corporation amounting to about 30 million dinars.
The comprehensive income consists of the net income of the fund amounting to 252.7 million dinars, and the net rise in the valuation of the strategic stocks portfolio by about 232.9 million dinars.
According to the fund, the net income from investment portfolios grew by 5.4 percent compared to the first quarter of last year. This income primarily came from the bonds portfolio worth 164 million dinars, the stocks portfolio 50.7 million dinars, and cash market instruments 28.7 million dinars, in addition to the income from other portfolios.
Regarding cash distributions from the business results of companies for 2025, the fund's share is expected to record a historic unprecedented level, exceeding 200 million dinars to date. The greatest impact of these distributions will be reflected in the results of the second quarter of the current year, as most companies held their general assemblies after the end of the first quarter.
The assets of the fund are distributed among the bonds portfolio by 56.7 percent, the stocks portfolio 20.7 percent, cash market instruments 10.5 percent, real estate investments 6 percent, the loans portfolio 2.8 percent, and the tourism portfolio 1.7 percent.
Omar Malhas, President of the Social Security Investment Fund Board, said that exceeding the fund's assets of 19 billion dinars reflects a prudent investment methodology based on achieving reasonable returns, sectoral and geographical diversification, and risk management according to the practices of global pension funds.
He added that the year 2026 is witnessing an enhancement of the fund's role in major national projects, where the fund recently signed a participation agreement to own a 7 percent stake in the Aqaba Rail Project company, and will also participate in the National Water Carrier project through a 15 percent ownership of the project company, in addition to participating in the financing provided by a consortium of Jordanian commercial banks. The Crown Plaza / Petra was reopened earlier this year after completion of expansion and rehabilitation works.
Malhas noted that the fund is currently studying a group of promising investment opportunities in the education, technology, mining, and real estate development sectors, which enhances the achievement of its strategic objectives and its role in directing investments towards value-added sectors, reflecting the impact of these investments on the national economy.
The CEO of the fund, Dr. Azaddin Kanakriya, explained that the first quarter of the current year was characterized by significant investment movements, including enhancing presence in the Amman Stock Exchange and increasing participation in major companies in the banking and mining sectors as well as expansion in real estate investment through purchasing lands and signing some long-term lease contracts on a BOT basis.
He pointed out that the fund's contribution goes beyond direct investment, to include a multiplying effect through several pathways in an investment model that aims to maximize returns for the fund while expanding investment in major projects.
In the Aqaba Railway project, Kanakriya clarified that the fund combines investment in the project company and its existing investments in the mining sector through its participation in the Jordan Phosphate Mines and Arab Potash companies, and the project will form a nucleus for a broader national network and will contribute to enhancing the kingdom as a regional logistical hub and reduce transport costs and enhance the competitiveness of the mining sector.
In the National Water Carrier project, which is the largest water project in the history of Jordan, the fund will invest through ownership of a stake in the project company and participating in its financing through a banking consortium, in addition to the fund's indirect contribution through its stakes in banks participating in the financing. This project will support achieving water security for citizens and provide sustainable sources for agricultural and industrial sectors.
The Social Security Investment Fund continues to consolidate its position as a long-term institutional investor aiming to balance between achieving returns and sustainability through well-considered investments contributing to the robustness of the social security system, aligning with the national economy priorities, and enhancing partnership approaches with various parties to implement major strategic projects, providing quality employment opportunities for Jordanians.
