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INVESTBANK Covers Tuition for Nine Students through Al-Aman Fund Partnership

November 5, 2024

INVESTBANK, the leader in providing innovative banking solutions, has reaffirmed its support for the Al-Aman Fund by covering university tuition fees for 9 orphaned students, continuing its commitment to youth empowerment and education.

INVESTBANK first entered into a four-year agreement with the Al-Aman Fund last year, ensuring ongoing support until 2026. Recent data from the fund highlights the impact of this partnership: 78% of last year’s scholarship recipients were female, and 22% were male. Geographically, 50% of the funding was allocated to students from northern governorates, 38% to students in Amman, and 12% to students in Karak.

The supported students are primarily pursuing degrees in Arts (50%), sciences (28%), and medicine (22%), marking a diverse spread across academic disciplines.

Commenting on the initiative, INVESTBANK CEO Muntaser Dawwas expressed pride in extending the bank’s partnership with the Al-Aman Fund, emphasizing the importance of education as a catalyst for development. “At INVESTBANK, we view education as a cornerstone of progress, and we are dedicated to supporting initiatives that contribute to a brighter future for the upcoming generations,” Dawwas stated. He further noted that the partnership strengthens the bank’s commitment to social responsibility and the empowerment of underprivileged communities.

Noor Homoud, General Manager of Al-Aman Fund, shared her appreciation for INVESTBANK’s sustained partnership. “INVESTBANK’s dedication to supporting youth underscores a strong belief in our mission and vision,” Homoud said. “Sustainable partnerships like this are crucial to community development and the empowerment of orphaned youth.”

Founded in 2006 at the initiative of Her Majesty Queen Rania Al Abdullah, the Al-Aman Fund for the Future of Orphans is a charitable organization focused on empowering orphaned youth aged 18 and older, especially those from care centers or disadvantaged backgrounds. Offering programs in education, living support, capacity building, and personal development, the fund has supported over 4,872 orphans, 66% of whom are female. To date, 3,473 beneficiaries have successfully entered the workforce, contributing to Jordan’s social and economic development.