The Martyrs, Injured, Prisoners, and Missing Persons Fund, in cooperation with Al Rajhi Bank, announced the start of delivering housing units as part of the first phase of the “Dare Shahim” initiative. Six out of thirteen planned units have been handed over, with completion expected by the end of the third quarter of 2026, across several regions within the kingdom.
A developmental model integrating ownership and rapid benefit
The “Dare Shahim” initiative is based on the idea of building homes on land owned by fund beneficiaries, accelerating the use of those lands and enhancing housing and social stability for beneficiary families. This approach aims to leverage existing ownership to reduce time gaps between land acquisition and housing families.
Partnership between government, private, and non-profit sectors
“Dare Shahim” serves as a national example of integration between government entities, the financial sector, and the non-profit sector. The project is implemented by a non-profit operator, strengthening its developmental role and ensuring the involvement of specialized local institutions in execution. Strict governance and oversight standards are applied under direct supervision and follow-up from the Martyrs Fund and Al Rajhi Bank, with the implementing entity required to adhere to quality standards and ensure sustainability of outcomes.
Statements on the importance of the initiative
The Secretary-General of the Martyrs Fund emphasized that “Dare Shahim” complements the fund’s mission to provide sustainable programs, services, and effective community partnerships that empower beneficiaries and improve their quality of life through solutions supporting their housing and social stability, expressing pride and gratitude towards the nation’s heroes and their families.
The Managing Director and CEO of Al Rajhi Bank stated that the bank’s participation in the initiative stems from a national duty and social responsibility towards fund beneficiaries, in appreciation of their sacrifices in protecting national security. He added that this effort embodies values of loyalty and care for beneficiaries’ families, contributing to their living and family stability, emphasizing the integration of national roles to serve this group.
Project prospects and geographic expansion
The “Dare Shahim” program aims to build fifty housing units on land owned by fund beneficiaries, distributed across several regions including Riyadh, Mecca, Asir, Jazan, and Al-Qassim. The project plans to provide housing for over two hundred and forty individuals from beneficiary families, as well as security and military personnel and their dependents.