Riyali is a nonprofit organization registered under the National Center for Non-Profit Sector Development (Registration No. 05013). It is dedicated to building a financially capable society by empowering individuals to make informed financial decisions through a wide range of programs and initiatives. Riyali delivers programs aimed at enhancing financial literacy, developing essential financial skills, and equipping individuals with the knowledge needed to manage their financial responsibilities effectively. The organization promotes key financial principles such as financial planning, budgeting, saving, investing, and responsible use of credit. It also provides practical tools that support individuals in making sound financial decisions and achieving a better quality of life. To date, Riyali has impacted more than 3 million beneficiaries and trained over 55,000 ambassadors, whose collective volunteer contributions are valued at more than SAR 61 million.

Riyali delivers programs aimed at enhancing financial literacy, developing essential financial skills, and equipping individuals with the knowledge needed to manage their financial responsibilities effectively. The organization promotes key financial principles such as financial planning, budgeting, saving, investing, and responsible use of credit. It also provides practical tools that support individuals in making sound financial decisions and achieving a better quality of life.

To date, Riyali has impacted more than 3 million beneficiaries and trained over 55,000 ambassadors, whose collective volunteer contributions are valued at more than SAR 61 million.

Executive Committee Tasks

• Review the organization's annual plan and annual activity report, and provide recommendations to the Board of Trustees.
• Monitor organizational reports in alignment with the operational plan approved by the Board of Trustees.
• Propose mechanisms to enhance and develop the organization's operations in line with its vision, mission, and objectives.
• Review and recommend organizational policies that support the achievement of its vision and strategic goals.
• Oversee and monitor the organization's cash flow.
• Review the organization's annual operational budget, submit it for approval, and follow up on its implementation.
• Review the organization's final financial statements and submit them for approval.
• Ensure a healthy liquidity position to enable the organization to meet its obligations toward employees, beneficiaries, and external stakeholders.

Sustainability Committee Tasks :

• Oversee the management and evaluation of the organization's assets and ensure their sound performance.
• Supervise the development and growth of the organization's financial resources.
• Propose and innovate new products and initiatives that enhance the organization's revenue streams.
• Contribute to the marketing of the organization's initiatives, projects, and programs.
• Oversee the development of policies and governance frameworks related to investment activities.
• Ensure the professional management of investment returns in compliance with recognized Sharia and professional standards.
• Manage cash funds and investment-designated assets to maximize returns.
• Recommend the appropriate liquidity levels for the investment portfolio and define the investment horizon for each asset.
• Conduct continuous reviews of the organization's investments to ensure compliance with the approved surplus investment regulations issued by the National Center for Non-Profit Sector Development.
• Assess investment opportunities, portfolios, and associated risk levels, and provide recommendations accordingly.
• Prepare and submit quarterly investment performance reports to the Board.
• Execute tasks and responsibilities assigned by the Board of Directors or the Executive Committee within its scope of authority.