Saudi Arabia; October 31, 2021: Quara Finance, a leading Saudi company providing Sharia-compliant financial services, continues to expand its financial education program by partnering with additional certified educational providers across the Kingdom, including Najed Institute Gate and Qobolak.
The educational financial support program is among several key initiatives undertaken by Quara Finance to make high-quality education in the Kingdom and abroad more accessible. Through its partnership with Najed Institute Gate and Qoboolak, Quara Finance aims to encourage prospective students and current professionals to enhance their career paths and broaden the horizons of their knowledge to advance their careers, continue their higher education and equip them with the necessary skills for employment and be prepared for jobs of the future by completing courses in various fields.
The initiative also contributes to the growth and stability of Saudi Arabia’s knowledge-based economy and achieve the objectives of Vision 2030 for human development and education by enhancing the education journey of Saudi Arabia's youth and preparing them to be the next generation of qualified professionals and leaders.
Ehab Hassoubah, CEO, Quara Finance, said: "We are at the forefront of the financial sector, and by offering its customers the opportunity to complete their higher education through course-based certificates in specific areas of interest we’re supporting many achieve their dreams. Access to education at all levels continues to be a challenge an issue, especially from the financial perspective, and Quara Finance strived to make it possible for to students and professionals to achieve their educational objectives through customised financial support. We are pleased to have Najed Institute Gate and Qobolak as the first certified educational providers on board, and we look forward to collaborating and partnering with more institutions in the Kingdom."
Qobolak and Najed Institute Gate both provide course-based certificates where applicants can focus on advancing and improving themselves in specific fields by completing a single course at any partnered university of their choice in the Kingdom or abroad. The educational loan will cover several expenses for the student or professional, including travel, tuition, exam fees, and other fees for on-campus facilities. In addition, Qobolak will help students complete placements for studying abroad, housing, and visa issuance.
Any student who wishes to complete their higher education in Kingdom or abroad or complete an advanced certificate course will be eligible for the financial education loan, which covers the total tuition fees of any Qobolak and Najed Institute Gate partnered universities. Applicants will first need to select the appropriate financial loan scheme and then complete a simple form online and track the status of their application through Qobolak or Najed portal.
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About Quara Finance:
In May 2020, Quara Holding acquired Maalam Financing and gyrated it into Quara Finance, a future-forward company that caters to the financial needs of individuals and businesses of the digital age. Its portfolio of services includes innovative shariah-compliant financial products and solutions. Today, Quara Finance is one of the leading financial services company in the Kingdom, a first-of-its-kind that caters to individuals and SMEs alike.
