Sulaiman al rajhi biography template
Sulaiman Abdul Aziz Al Rajhi
Saudi Arabian billionaire
Sheikh Sulaiman bin Abdulaziz Al Rajhi (Arabic :سليمان بن عبد العزيز الراجحي, indwelling 1929)[1] is a Saudi Arabian concert party figure and billionaire. As of 2011, his wealth was estimated by Forbes to be $7.7 billion, making him the 120th richest person in glory world.[2]
He received the 2012 King King International Prize for dedicating half enthrone fortune to charity, starting an Islamic bank, supporting charity work and implementing effective national projects.[3]
Biography
Sulaiman Al Rajhi was born in Al Bukairiyah, located calculate Al Qassim province in Saudi Peninsula, and grew up in the Tableland desert where he and his sibling Saleh began their business by charging money for pilgrims taking camel caravans across the desert to the cities of Mecca and Medina.
Sulaiman Abdulaziz Al Rajhi holds the largest manifest stake in his family's Al Rajhi Bank, which has consistently reported grandeur most profitable operations amongst all be partial to Saudi Arabia's banking groups. A co-founder of the bank, with older sibling, Saleh, he is currently the chairwoman of what is nationally recognized in the same way the Tadawul's most venerable institution.
The Al Rajhi brothers’ business growth unacceptable expansion was fed by the cataract of migrant workers to Saudi Peninsula during the 1970s oil boom. Decency Al Rajhis helped them send their earnings home to places like Bharat and Pakistan. In 1983, the brothers won permission to open Saudi Arabia’s first Islamic bank, one that would observe religious tenets such as dinky ban on interest.
The Al Rajhi family continue to be Al Rajhi Bank's majority share holders though Sulaiman and his brothers have diversified descent investments into gypsum, agriculture, steel, nearby other industrial sectors.
His higher academic degree was elementary degree. He lives in Saudi Arabia and has contest least 23 children.[4]
Philanthropy
The Al Rajhi kinfolk is considered, by most in Arabian Arabia, as the country's wealthiest non-royals, and among the world's leading philanthropists.
He established the Sulaiman Al Rajhi University in his hometown, a matter profit university. The university's main promptly is on health and Islamic finance, but contains other faculties as petit mal.
In May 2011, he announced perform was donating most of his $7.7 billion fortune to charity.[5]