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Rowad AlKhaleej International School Offers a Facilitated Funding System for Installment of tuition Fees through Alinma Bank

March, 29, 2011

Rowad Al-Khaleej International School , one of Al-Khaleej for Education and Training Corporation’s Investments, has signed a memorandum of understanding and cooperation with Alinma Bank in order to facilitate a funding system for school tuition fees for both male and female students in the school without adding any additional fees.

Engineer Alwaleed Aldryaan, CEO of Al-Khaleej for Training and Education Corporation ( Owner of Rowad Al-Khaleej International School ) , has signed the agreement with Alinma Bank. He expressed his happiness for signing this agreement which is considered the first of its kind between Alinma Bank and Rowad Al-Khaleej International School. This agreement is the outcome of persistent efforts and by applying it the school seeks to meet and satisfy the needs of its students whether male or female who desire education and studies in an easy and facilitated way for a better and brighter future.

Eng. Alwaleed Aldryaan pointed out that this agreement is Shariah-compliant and built around core values-innovation, respect and transparency. As Alinma Bank is responsible for paying student school tuition fees to Rowad Al-Khaleej International School. Then the Bank collects fees from students through facilitated installments during a financing period of up to 12 months without any additional fees. This system applied in the school allows students to continue their studies through an integral program which aims at fostering a continuing education culture.

Rowad Al-Khaleej International School is licensed by the Ministry of Education in the kingdom of Saudi Arabia. It is owned by Al-Khaleej for Training and Education Corporation which has a sum of deeply rooted , educational and training experiences since the year 1993 in the kingdom of Saudi Arabia and the Middle East. The school’s mission is to create a learning environment for its students that embraces, “Education for Life” to satisfy their educational and instructional needs by using the most recent approaches and methods.