IslamicFinance.de

King Abdullah has launched a Royal Decree allocating SR476 million a year to the Takaful Charity Foundation set up to support needy pupils in public education schools.
Prince Faisal Bin Abdullah, Minister of Education and chairman of Takaful and its Trustees Council, stated that the foundation will provide assistance to orphans and pupils in over 30,000 Ministry of Education schools for boys and girls. It will also work in collaboration with the Technical and Vocational Training Corporation and private institutions to hold training courses to give students practical skills required in professional life.