Sulaiman Al-Rajhi (Saudi multi-millionaire, Master)

Syllabus of the Online Course (Subject): Sulaiman Al-Rajhi (Saudi Businessman and Philanthropist).
- Sulaiman Al-Rajhi (Saudi Businessman and Philanthropist, Muslim)
- Al-Rajhi Bank
- Donation of his entire fortune to philanthropy
Example of the Online Course: Sulaiman Al-Rajhi (Saudi Businessman and Philanthropist)

Description of the Online Course: Sulaiman Al-Rajhi (Saudi
Businessman)
The Muslim Businessman Sulaiman Al-Rajhi was the founder of the Al-Rajhi Bank of
Saudi Arabia, furthermore of multi-millionaire was a great philanthropist.
- In 2011, his fortune was estimated by Forbes at 7 billion dollars
- Al-Rajhi was a billionaire who voluntarily chose to give up all his wealth and become a poor man, donating all his money, properties, or shares previously held
- Sulaiman Al-Rajhi is Muslim
- Mr Al-Rajhi became poor after donating all his possessions to their children and charity
- The SAAR Foundation founded by him is dedicated to
managing all their philanthropic activities
“Now I have just my dresses. I donated all my possessions
to my sons and charitable trust. For me, this position is not unusual. I reached two times poverty, one when I was young, and the other today.
All belongs to Allah; we are only one who has been entrusted (God) to take care of them.
Every Muslim should think in some donations that could do good to his life after death.” Sulaiman Al-Rajhi
- In recognition for his outstanding work to serve Islam,
his leadership
creating the world's largest Islamic Bank and his periodic giving to humanitarian projects to
combat poverty, Sulaiman Al-Rajhi was selected for the prestigious King Faisal International Prize for Service to Islam
- Al-Rajhi also established the largest poultry farm in the Middle East and another project for shrimp farming.
- He also established other investment projects in real estate
- Sulaiman Al-Rajhi created the Al-Rajhi Bank in 1957, today is one of the largest Islamic banks, offering products and services according to Sharia principles
Sulaiman Al-Rajhi belongs to Arab Economic Area (Islamic Civilisation).
Religions and Global Business (c) EENI Business School & HA University
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