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The Saving and the non-commercial interest loan fund

The Saving and the non- commercial interest loan fund was founded in the year 2000 under the instructions issued by the Association Council, and is managed by a committee appointed by the Association Council.

Goals and objectives:

  1. To encourage and motivate engineers on savings money.
  2. To provide a financial source to cover for the members’ needs for financial aid by means of the non- commercial interest loan.

Accomplishments and achievements:

  1. The Committee of the Fund Management has held throughout the year 2010 (10) meetings.
  2. The number of beneficiary members from the non- commercial interest loan since its foundation until the date of 31/12/2010 is (4604) female and male colleague engineers and with the total value of (46.944.209) JD.
  3. The number of withdrawing colleagues and those who have retrieved their first installment after the repayment of the full loan in 2010 is (921) female and male colleague engineers.
  4. The total number of withdrawing colleagues and those who have retrieved their first installment after the repayment of the full loan is (3020) female and male colleague engineers.
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