Al Suqia Associations Endowment Fund - Non Redeemable

Al Suqia Associations Endownment Fund is an open ended multi-asset endownment fund which aimed at encouraging the voluntary community engagments through Developmental Non-Profit Investments and the effective contribution under the concept of Social Solidarity for the participation in supporting Al Suqia Associations (water aid associations) across the Kingdom of Saudi Arabia in order to grow and invest their assets in the fund for the purpose of enhancing the value of these associations and growing the endowned capital, for the best interest of Al Suqia projects in the Kingdom through well drilling, establishing and maintaining of desalination plants, providing potable water and water sources, and satisfying the community's needs through innovative projects. In addition, the fund is also aimed at qualifying and training the working staff, and establishing the entities that contribute to the achievemnt of the primary goals of the associations that invests in the fund.