Under the Patronage of His Excellency the Governor of the Saudi Central Bank:

Under the Patronage of His Excellency the Governor of the Saudi Central Bank:

The Martyrs Fund and alrajhi bank Sign Cooperation Agreement to Support Developmental Housing Initiatives

Riyadh – Under the patronage of His Excellency Mr. Ayman bin Mohammed Al-Sayari, Governor of the Saudi Central Bank (SAMA), the Martyrs, Injured, Captives, and Missing Persons Fund signed a cooperation agreement with alrajhi bank to launch a housing initiative in partnership with the non-profit sector. The initiative aims to build residential homes for the Fund’s beneficiaries, enhancing their quality of life and achieving housing stability for families in need.
The agreement was signed at the Saudi Central Bank headquarters in Riyadh, in the presence of His Excellency Mr. Abdullah bin Suleiman Al Rajhi, Chairman of alrajhi bank, and His Excellency Dr. Omar bin Ali Al-Hassan, Head of the Financial Sustainability Sector, alongside senior executives from both parties.
Representing alrajhi bank was Mr. Abdullah bin Saad Al-Jabr, General Supervisor of Social Responsibility Programs and Initiatives. Representing the Fund was Mr. Hamid bin Dakhil Al-Suwaidan, Head of the Planning and Institutional Excellence Sector.

This agreement strengthens national partnerships supporting development housing efforts in line with Saudi Vision 2030. It also reflects the role of financial institutions in supporting social development initiatives under the supervision of the Saudi Central Bank.

Mr. Abdullah bin Suleiman Al Rajhi, Chairman of alrajhi bank, highlighted that this initiative reflects the Bank’s appreciation for the sacrifices of the nation’s heroes and its commitment to supporting their families. He noted that alrajhi bank is proud of its contributions to the housing sector and will continue enhancing its social impact through partnerships with government entities and non-profit organizations.

Mr. Talal bin Othman Al-Muammar, Secretary General of the Fund, expressed gratitude to His Excellency the Governor of the Saudi Central Bank for sponsoring the agreement and supporting the Fund’s initiatives. He stressed that the agreement marks an important step in improving the quality of life for beneficiaries while reinforcing collaboration with the financial sector. He added: “We are proud of this partnership with alrajhi bank and aspire for it to become a model of national integration to serve those who sacrificed for this dear nation.”

This agreement comes as part of the Martyrs Fund’s programs to ensure dignified living for its beneficiaries and aligns with the aspirations of Saudi leadership to provide quality services to the families of the nation’s heroes. The cooperation between the Fund and alrajhi bank represents a strategic partnership that combines social and financial dimensions to deliver sustainable housing solutions with lasting national and humanitarian impact.