Philanthropy Holding

Sulaiman Al Rajhi Development Financing Foundation

This is a non-profit foundation officially licensed by the National Center for Non-Profit Sector Development. According to its founding bylaws, the Waqf is the founder of the foundation.

The foundation contributes to achieving financial integration, increasing employment rates, and boosting the contribution of the non-profit sector to the national GDP. It aspires to lead the sustainable development financing sector and develop innovative solutions by providing financial and non-financial services that support sustainable development.

Sulaiman Al Rajhi Development Financing Foundation

Funding Funds Affiliated with the Organization

  1. Jana Center:
    A socio-economic initiative that provides interest-free microfinance services to women wishing to establish small and micro enterprises.
  2. Financial Sustainability Fund:
    A funding program that supports nonprofit organizations by financing their investment projects without charging interest.
  3. Maslak Educational Financing Fund:
    An educational fund that offers interest-free student loans for university majors that are in demand in the job market, with flexible repayment plans extending beyond graduation.