23 Hrs
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Tamam reviews government savings and Sah product
The lecture organized by the Financial Communication and Knowledge Center "Mtamam," in collaboration with the National Debt Management Center and the Royal Commission for Riyadh City, discussed the government savings options available to individuals in the Kingdom, with a particular focus on the "Sah" product for government sukuk. The article explained that this product, launched by the Ministry of Finance, is a Sharia-compliant savings instrument characterized by low risk and designed to encourage depositors to adopt regular savings practices. The lecture also highlighted the importance of consistent savings in building financial stability and growing savings, along with explaining financial concepts such as simple and compound interest and the role of financial awareness in improving decision-making related to savings and investments. Additionally, it reviewed the role of the National Debt Management Center in meeting the Kingdom’s financing needs and supporting the goals of Saudi Vision 2030 through diversifying funding sources and promoting a savings culture.
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