Ihsan charity platform becomes independent nonprofit to boost governance
Saudi Arabia’s Ministry of Commerce says transforming the Ihsan charity platform into an independent nonprofit will strengthen governance and sector efficiency.
The Ministry of Commerce in Saudi Arabia has announced plans to transform the Ihsan charity platform into an independent nonprofit organization named Ihsan Foundation for Charitable Work. This decision, made following a royal decree, aims to enhance the governance and efficiency of the nonprofit sector in the Kingdom. The transformation is expected to strengthen trust and sustainability in the sector, while also improving the way charitable activities are carried out.
The Ihsan Foundation for Charitable Work will offer diverse donation opportunities, enabling individuals and companies to contribute. The foundation will be overseen by a Board of Trustees, with Dr. Majid bin Abdullah Al-Qasabi serving as chair and Ahmed bin Suleiman Al-Rajhi as vice chair. The board's three-year term may be renewed, with other members including officials from the General Authority for Awqaf and prominent individuals such as Princess Nouf bint Mohammed bin Abdullah bin Mohammed Al Abdulrahman.
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