Estidama Programs

The Program aims at funding projects and companies operating in the health sector, in order to achieve the following:

• Ensure an emergency response to confront COVID-19, slow its outbreak, and limit its spread.
• Improve the capabilities of medical centers and provide them with relevant equipment to treat patients and COVID-19 cases.
• Strengthen comprehensive healthcare services and clinical capabilities tailored to COVID-19 response.
• Provide basic treatment supplies, such as ventilators, blood oximeters and other equipment and supplies to treat COVID-19 cases, in addition to medication to avoid stock depletion.
• Develop dedicated systems for assessing and controlling pandemic risks, including the provision of samples and testing methods.
• Provide healthcare centers with diagnostic equipment, laboratory and diagnostic systems, test kits and other equipment and material for testing and controlling communicable diseases.
• Implement and execute containment strategies that include intervention measures to treat chronic communicable diseases.
• Provide hospitals with waste management, electricity and water services, as well as sanitation supplies and specialized medical consultants.
• Provide any other services aiming to develop the health sector.

Benefits

• It provides a funding ceiling that covers the project needs.
• It provides a diminishing Murabaha rate of 3%.
• It provides a payment period of up to 48 months.
• It provides a grace period of up to 12 months.
• For more details, please visit any of our branches and offices across the country.

Subject to the Terms and Conditions of the Estidama Fund

The Program aims at funding projects and companies operating in the e-learning sector, in order to achieve the following:

• Improve the capabilities of concurrent e-learning as an alternative to traditional methods of education and enhance the use of technological development.
• Improve Instructional Design services to prepare highly-efficient educational materials and content.
• Set e-learning goals, determine the appropriate procedures and means to achieve them, as well as develop dedicated tools to measure the levels of learning and feedback.
• Develop electronic forms of education in terms of design and content, and focus on interactive education aiming at engaging students as contributors to the educational process.
• Develop the capabilities of teachers and provide them with appropriate electronic and interactive means to encourage e-learning.
• Develop assessment methodology and mechanisms, particularly summative assessment, and support the shift towards alternative assessment methods used in electronic assessment and scoring.
• Develop different learning needs and styles as part of fair and efficient educational process planning.
• Develop appropriate programs and applications to prepare a combination of educational material aligned with different educational methods.
• Provide technological services, hardware, network, Internet packages and other tools.
• Provide any other services aiming to develop e-learning.

Benefits

• It provides a funding ceiling that covers the project needs.
• It provides a diminishing Murabaha rate of 3%.
• It provides a payment period of up to 48 months.
• It provides a grace period of up to 12 months.

For more details, please visit any of our branches and offices across the country.

Subject to the Terms and Conditions of the Estidama Fund

The Program aims at funding projects and companies operating in the field of digital transformation, in order to achieve the following:

• Develop capabilities in the field of digitization to test, analyze, manage or create digital products or services.
• Provide various digital services to reduce obstacles caused by physical barriers, streamline supply and value chains and ensure rapid delivery of goods and services.
• Utilize technology to solve complex problems and develop innovative ideas and mechanisms that contribute to economic development.
• Promote technological developments in the financial services market and adopt advanced technologies, especially artificial intelligence.
• Provide an attractive and comprehensive digital investment environment aligned with the Sustainable Development Goals.
• Invest in digital transformation and bring technology, technical expertise and jobs to the local market.
• Invest in digital communication through applications, dashboards and digital tools.
• Invest in the fields of e-commerce and infrastructure digitization to facilitate the process of digital transformation.
• Provide any other services aiming at developing digital transformation.

Benefits

• It provides a funding ceiling that covers the project needs.
• It provides a diminishing Murabaha rate of 3%.
• It provides a payment period of up to 48 months.
• It provides a grace period of up to 12 months.

For more details, please visit any of our branches and offices across the country.

Subject to the Terms and Conditions of the Estidama Fund

Through the Program, the PMA seeks to fund projects and production sectors and help them recover from the impacts of the crisis, while encouraging growth through the following:

• Maintaining the sustainability of projects and businesses that have been directly affected by the COVID-19 crisis in the fields of tourism, agriculture, industry, services, information technology, renewable energy, retail sales, as well as other projects that contribute to the production cycle and create job opportunities.
• Establishing new projects, especially those led by entrepreneurs and experts, while encouraging new partnerships and building production chains.
• Expanding the production base by increasing and developing production lines, automating operations and raising efficiency and quality levels.
• Establishing new projects and investing in the fields of renewable energy, agriculture, manufacturing industries and waste recycling.
• Creating and increasing job opportunities in the field of services and investing in software and information technology.

Benefits

• It provides a diminishing Murabaha rate of 3%.
• It provides a payment period of up to 48 months.
• It provides a grace period of up to 12 months.

Funding Ceilings:

• For more details, please visit any of our branches and offices across the country.