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Sheikh / Mohammed Bin Abdulaziz Al-Rajhi – Founder of / Mohammed Abdulaziz Al-Rajhi & Sons Holding Co.

Date of Birth: 1/7/1356H. (September 1937G.)
Business Lines: Industry, Trade, Agriculture, Real Estate and Finance.

Mohammed Bin Abdulaziz Al-Rajhi is a self-made man who was born in the pre-oil era in Saudi Arabia and received his initial education like the rest of his fellows at that time. He started to work in his early age in banking, commercial, real estate and industrial business until he became a notable businessman at the local and international level. He made his way through working hard and gained a huge wealth over a long history of efforts, devotion, discipline and persistence. Throughout his journey, he was always depending on God first then on endeavoring his best to invest his money in legitimate business channels, thus leaving with his effort, success and growing wealth a clear mark in the wide space of national economy in general and in the charity work in particular.



Accomplishment:
  • Industry localization in support of the national development and economy in Saudi Arabia.
  • He provided various fields of investment to ensure capital integrity, gain encouraging profit and fulfill homeland and citizen requirements.
  • He introduced and developed new high quality and distinguished factories and products with local and international competitive capability.
  • He participated in the establishment of a tremendous banking institution (AL-Rajhi Banking), a stock company developed from Al-Rajhi Banking and Trade Co.
  • He participated in supporting internal tourism through a group of illustrious hotels including Qassim Mövenpick, Riyadh Mövenpick, Coral International, Khobar, AL-Batha Hotel, in addition to a group of furnished housing apartments.
  • He owned influential shares in many stock companies and banks and proved effective existence in the economic, social and charitable activities.
  • Clearly participated in supporting the government development efforts through multiple charity projects of strategic importance that accommodated many citizens' requirements.
  • He well-qualified and activated all of his sons to utilize them managing his companies, factories and establishments.

Management Positions: 
  • Former Chairman of Mohammed Abdulaziz Al-Rajhi Establishment for Trading and Agriculture.
  • Former Chairman of Mohammed Abdulaziz Al-Rajhi & Sons Holding Company. Six companies are subsidiaries of this holding company with more than 26 factories in Saudi Arabia and abroad. It participated in supporting the national economy through a variety of industrial companies as follows:
    .   Rajhi Steel Company, with five factories in Riyadh and Jeddah.
    .   National Company for Gypsum, with Yamama Gypsum Factory in Riyadh and the National Gypsum Factory in Yanbu.
    .   Al-Jazirah Home Appliances Co., with six factories in Riyadh, Qassim and Sudan.
    .   Modern Group for Water Heaters Co, with three factories in Riyadh, Jeddah and Dammam.
    .   Global Beverage Company, with four factories in Riyadh, Qassim, Abha and Qunfuda.
    .   Falcon Company for Plastic Industries, with three factories in Riyadh and Jeddah.
    .   Al-Rajhi Heavy Industries Co.
  • Former chairman of / Manafea Investment, Real Estate and Tourism Development Company. A closed stock company supervising real estate, agricultural, tour and hotel projects.
  • Former Chairman of Mohammed Bin Abdulaziz Al-Rajhi Charity Establishment.
  • Former Chairman of the National Gypsum Company for four consecutive cycles.
  • Former Vice-Chairman of Tabuk Agricultural Development Company.

Memberships:
  • Board Member of Al-Rajhi Banking Company in 1407H (date converted to stock company).
  • Board Member of Al-Rajhi Bank since its establishment in 1407H.
  • Board Member of the National Gypsum Company.
  • Executive Director of Al-Jouf Agricultural Development Co.
  • Board Member of the Saudi Ceramics (two cycles).
  • Board member of a group of stock and private companies.

Awards:
  • Sheikh Mohammed Bin Abdulaziz Al-Rajhi received many prizes and was given several honoring ceremonies.

Social and Charity Responsibilities:
Sheikh Mohammed Bin Abdulaziz Al-Rajhi has a great concern for charity works and always endeavoring to support and encourage the voluntary work in this field. He adopted a special philosophy to support the charity work by focusing on the size of investment revenue returned from each charitable work to designate an endowment for each. These endowments are specialized in different charitable works and are reporting to independent supervising councils. His most prominent charity institutions are:

  • Establishing a number of charity endowments dedicated to youth marriage in several cities and governorates around Saudi Arabia, namely:
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Youth Marriage Endowment in Bakerya Governorate and its related villages.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Youth Marriage Endowment in Buraida Governorate and its related villages.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Youth Marriage Endowment in Unaiza Governorate and its related villages.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Youth Marriage Endowment in Al-Russ Governorate and its related villages.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Youth Marriage Endowment in Muzannab Governorate and its related villages.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Youth Marriage Endowment in Uyoon Al-Gawaa Governorate and its related villages.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Youth Marriage Endowment in Badaei, Khabraa, Riyadh Al-Khabraa, Sahhabeen Governorate and related villages.
  • Establishing a number of charity endowments dedicated for beneficence to help the poor and needy people, building mosques and establishing Quran memorization schools in different cities and governorates of Saudi Arabia, namely: .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi beneficence Endowment in Bakerya.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi for the Poor and Needy Endowment in Riyadh.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Endowment for building Mosques in Riyadh.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Endowment for Quran Memorization in Riyadh.
  • Establishing a group of Endowment for AL-Rajhi Family:
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Endowment for Rajhi Family's Youth Marriage.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Endowment for Brothers and Sisters.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Endowment for his descendants.
    .   Participated with his brothers (Saleh, Abdullah and Suleiman) in establishing Al-Rajhi Charity Campaign for performing Hajj.
    .   Participated with his brothers (Saleh, Abdullah and Suleiman) in establishing a dedicated endowment for Hajj services.
  • He built a group of charity complexes encompassing a mosque, a women's prayer place , washing facility, housing for the Imam and Prayer Caller (Mo'azin), and a Quran Memorization School for Ladies. These are namely:
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Haql Governorate.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Rijal Almaa Governorate.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Hulay Governorate.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Sabyaa Governorate.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Tareef Governorate.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Uwaqylya Governorate.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Dawadmi Governorate.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Dammam Governorate.
    .   Sheikh Mohammed Bin Abdulaziz Al-Rajhi Complex in Riyadh City.
  • Establishing a major endowment, the revenue of which goes to support charity works. This endowment includes a group of real estate, farms and hotels.
  • Participated in the support of a group of humanitarian relief, media and guidance institutions, which are:
    .   Al-Majd Satellite Channel.
    .   Al-Huda Satellite Channel.
    .   Daleel Satellite Channel.
    .   Rislatul Islam Website.
    .   Islam Today Website.
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