Takaful contributes SR134 million to subsidize 270,000 students.

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The charity foundation (Takaful) has deposited the subsidies of its first batch of the Hijri year 1444 AH, which totaled more than SR134 million and were distributed to around 270,000 pupils.

The subsidies were paid into the schools’ accounts, where they would be used to help pupils in need.

Subsidies will be provided to both male and female students enrolled in more than 16,000 government schools.

The first batch symbolizes the Financial Subsidy Program for current academic year, which will be divided into two batches and awarded to students in need in Saudi Arabia.

This program is within the scope of Saudi Arabia’s wise leadership’s ongoing support. Dr. Hamad Al-Sheikh, Minister of Studies, expressed appreciation to King Salman and Crown Prince Mohammed Bin Salman for their interest in students finishing their education and excelling.

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Dr. Muhammad Al-Aqili, Secretary-General of the Takaful Charitable Foundation, noted that the subsidy is for students who fulfill the foundation’s authorized qualifying standards and were enrolled during the previous academic year.

Furthermore, the pupils were identified by processing the data of students and their parents according to their official records, which are recorded in the Ministries of Education, Human Resources and Social Development, Interior, Commerce, and the General Organization for Social Insurance.

It is worth noting that Takaful also provides many helpful programs for students who use its services.

Students who are registered in Takaful but did not get financial assistance can access other services via the students gate on the following website: https://www.takaful.org.sa

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