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King Abdulaziz University, represented by the Deanship of Admissions and Registration, signed a cooperation agreement with Madark Financing Solutions on September 17, 2026, at the University President’s Office.
Aimed at supporting eligible students, the agreement provides flexible and deferred payment options for tuition fees in accordance with applicable regulations, policies, and procedures.
Attending the signing ceremony were Dr. Mohammed bin Reda Kabli, Vice President for Educational Affairs, and Musalli Almuammar, Vice Chairman of the Board of Directors of Madark.
Representing the University, Dr. Jamaan Alghamdi, Dean of Admissions and Registration, signed the agreement, while Abdulhadi Al Muammar, Chief Executive Officer of Madark, signed on behalf of the company.
Under the agreement, eligible students will be able to access Madark’s payment solutions, while the company will review applications and make approval or rejection decisions in line with its approved policies, procedures, and credit criteria. Applications will be processed through approved electronic channels and systems.
Technical integration between the University’s systems and Madark’s platforms is also included in the agreement, with no additional fees charged to students for using the deferred payment service.
Through this agreement, King Abdulaziz University seeks to enhance student services and expand tuition payment options through flexible financial and digital solutions, helping improve the student experience and streamline financial procedures related to educational services.
Last Modified Date: 21/09/2026 - 11:34 AM Saudi Arabia Time