Madinah's Governor Launched the Al-Shifa Health Endowment Fund
- Publish date: Saturday، 15 April 2023
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Prince Faisal bin Salman, governor of Madinah and chairman of the Alshifa Endowment Supervision Council, launched the Alshifa Health Endowment Fund in Madinah on Friday.
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The fund provides health coverage services to residents who are not covered by free health care services and who are not eligible for health insurance for hospitalization.
The endowment fund aims to collect assets worth SR200 million until 2025, to spend its investment returns on endowment banks.
It also encouges community participation and boosts the social responsibility of private sector establishments in supporting non-profit development investment programs.