Wareef Charity Disburses the First Returns of Its Endowment Fund

Alinma Investment issued the first returns report for the Alinma Wareef Endowment Fund, the Kingdom's first endowment investment fund, launched in September 2018.

Total contributions came to more than SAR 54 million, while the fund's yield exceeded SAR 2 million. Of these returns, 70% will be spent on Wareef Charity's projects and the remaining 30% reinvested.