He added that Global is now in the process of closing the second tranche valued at KD4 million.ĪlManar plans to use the money to support its future projects and double its share in the consumer financing market in Kuwait as it faces an increasing demand for Islamic financing. El-Quqa, Executive Vice President at Global, said, “the total “murabaha” agreement is KD15 million for 3 years and Global was able to close the first tranche amounting to KD11 million with a annual profit rate 7.25% distributed semi-annually.” His term on the World Scout Committee will expire at the 40th World Scout Conference in Ljubljana, Slovenia in 2014, but he will be eligible for re-election for one additional term.Īlfahad is a full professor at the Imam Muhammad ibn Saud Islamic University in Riyadh.Global Investment House "Global" Sunday signed a KD15 million Islamic financing agreement with AlManar Financing & Leasing Company of which KD11 million has been already compounded. Alfahad served as Vice President of the Assembly of Scouting of the Saudi Arabian Boy Scouts Association, officially opened the Saudi delegation's exhibition at the 21st World Scout Jamboree in 2007, served as Chairman of the Arab Scout Committee and was elected to the World Scout Committee at the 39th World Scout Conference in Brazil in January 2011. Abdullah bin Suleiman al-Fahad ( Arabic: عبدالله بن سليمان الفهد) of Riyadh, Saudi Arabia (born October 16, 1966) is one of 12 elected volunteer members of the World Scout Committee, the main executive body of the World Organization of the Scout Movement. ( Learn how and when to remove this template message)ĭr. JSTOR ( February 2011) ( Learn how and when to remove this template message).Contentious material about living persons that is unsourced or poorly sourced must be removed immediately from the article and its talk page, especially if potentially libelous.įind sources: "Abdullah al-Fahad" – news This biography of a living person needs additional citations for verification.
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