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Under King's Order, REDF Exempts More Than SR 274 Million Loans From Dead-Persons
Saudi Press Agency Published in Saudi Press Agency on 07 - 01 - 2012

In implementation of the order of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud on exempting citizens who died, from the loans of Real Estate Development Fund (REDF), the Director General of the Fund Mohammed bin Ali Al-Abdani has approved the exemption of loans exceeding SR 274 million throughout the Kingdom of Saudi Arabia.
He pointed out that the new batches exempted from loans included 1,828 deceased-citizens.

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