Sheikh Suleiman was passionate about work and trade as a means of achieving success in life, and he was resolute, courageous, and strong-willed about learning from others' experiences, in addition to his emphasis on uniqueness, perfection, and non-imitation in his works, right from his boyhood.

 

Sheikh Suleiman started his business 1358 Hijri/1939. The Sheikh had a broad exchange and commerce till he was able to accumulate enough capital to be self-sufficient in his banking. and commercial business, and then the brothers moved to work together in partnership from 1377 Hijri/1957 until 1390 Hijri/1970, and throughout this period the Sheikh had a diverse Exchange and trade Until he was able to build up enough wealth with his own money to be self-sufficient in his banking and commercial ventures.

 

Sheikh Suleiman founded the Suleiman Bin Abdul Aziz Al-Rajhi Foundation in 1972 and quickly expanded, opening branches in Jeddah and other cities. This financial expansion was supported by a real estate expansion, in which the Sheikh was able to achieve many successes while acquiring a strong reputation among clients and dealers both inside and beyond the Kingdom.

 

Sheikh Suleiman sought the establishment of an Islamic banking system that deals in accordance with Islamic guidelines and teachings, as a result of his keen interest in halal earnings, which develop money and make him blessed, and his constant eagerness to innovate and innovate while maintaining the legitimacy of the work and its full adherence to Islamic law. He applied to the British Central Bank for a license to open a consulting services office, but the request was initially denied. After a personal interview with Sheikh Suleiman, who persuaded officials of the British Central Bank of his point of view, the application was approved, and the office opened in 1402 H / 1981.

 

Sheikh Suleiman believed in the idea of sectoral integration and partnership in order to achieve and sustain growth, so he decided to invest in a number of sectors and construct a number of quality and professional institutions both inside and outside the country. These sectors include:

1-The financial and real estate sector.

2-Agriculture and food sector.

3-Industry

4-Education and technology sector.

-----------------------------------------------------------------------------------------------------------------------------

Reference:

2022. Sulaiman Al Rajhi Holding | Founder. [online] Available at: <https://www.asrhc.com/founder/?lang=en> [Accessed 19 March 2022

2022.[image] Available at: <https://youtu.be/l3ciVVnMvug> [Accessed 20 March 2022].

-----------------------------------------------------------------------------------------------------------------------------