JEDDAH: Saudi Arabia’s Disabled Children’s Association (DCA) continues its efforts to complete its charity investment project “Khair Makkah,” located within the the borders of the Grand Mosque in Makkah’s Al-Naseem district.
DCA works to help maximize the quality of life for disabled children in Saudi Arabia.
The association explained that the first phase of this philanthropic project, which is expected to be completed next year, will cost SR180 million and will include two towers constructed over an area of 5,700 square meters.
The revenues from the rentals of both towers are expected to cover the expenses of two out of 11 service centers spread across the Kingdom to benefit handicapped children in Riyadh, Jeddah, Taif , Madinah, Assir, Hail, Al-Jawf, Al-Ras and Jazan.
Almost 80% of the construction work of the first phase has been completed and is expected to be submitted by mid next year. The project’s revenues, expected to be 5%, will cover the expenses of several disabled children care centers.
DCA is encouraging philanthropists to participate in completing this mega project on its deadline by sending text messages for donations to number 5050.
It will provide a permanent source of support for operation expenses and other free specialized services for around 4,000 children yearly, especially in light of the remarkable growth in its annual operating budget, which reached SR120 million.
According to the association, the total amount of sukuk for the “Khair Makkah” project amounted to about SR180,000, 147,000 of which were subscribed, while 33,000 are remaining sukuk. The value of one Suk is SR1,000. A further SR33 million is needed to complete the project.
Saudi Arabia's Disabled Children’s Association continues campaign to complete ‘Khair Makkah’ project
Saudi Arabia's Disabled Children’s Association continues campaign to complete ‘Khair Makkah’ project
