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Al Rajhi Empire's resilience in generational struggle
The article discusses the Sukuk system established by Saudi businessman Suleiman Al-Rajhi to ensure the sustainability of his wealth and to protect his family business from intergenerational conflicts after passing it on to heirs. The report explains how Al-Rajhi benefited from a unique system of governance and wealth management rules. This model is considered an effective solution for maintaining the continuity of family businesses across generations, involving global experts and investments, with references to the issuance of additional capital sukuk and capital increases for the company. The article highlights the importance of this experience in promoting stability within family businesses and preventing conflicts, serving as a model that can inspire many commercial families to achieve long-term sustainability across future generations.
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