Annual Report 2018 The Custodian of the Two Holy Mosques

Education Financing 
No fee, no profit margin Education Financing has been offered by Alinma Bank since 2009 as part of its ongoing 
commitment to support education in Saudi Arabia, which is vital the development of the kingdom and its citizens.  
In 2018, additional agreements were signed that added new educational institutions to the growing list of approved 
schools whose students are eligible for Education Financing.  These included Oxford Aviation Academy and Prince 
Mohammed Ibn Fahad University in Dammam.  Through the service, Alinma pays to schools, all approved tuition and 
fees when they fall due on behalf of families, who then repay the financing according to a convenient repayment 
plan that eliminates the burden of having to pay tuition and fees all at once at the beginning of the school year.  
Families pay no fees, no charges, and no profit margins, and the program is open to Saudis and legal foreign residents 
alike. Additionally, the program covers all educational levels.

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Annual Report 2018