Age, Biography and Wiki

Mohammed bin Faisal Al Saud was born on 1937 in Taif, Saudi Arabia, is a Saudi Arabian royal and businessman (1937–2017). Discover Mohammed bin Faisal Al Saud's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 80 years old?

Popular As N/A
Occupation N/A
Age 80 years old
Zodiac Sign
Born 1937, 1937
Birthday 1937
Birthplace Taif, Saudi Arabia
Date of death 2017
Died Place N/A
Nationality Saudi Arabia

We recommend you to check the complete list of Famous People born on 1937. He is a member of famous businessman with the age 80 years old group.

Mohammed bin Faisal Al Saud Height, Weight & Measurements

At 80 years old, Mohammed bin Faisal Al Saud height not available right now. We will update Mohammed bin Faisal Al Saud's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Mohammed bin Faisal Al Saud's Wife?

His wife is Muna bint Abd al Rahman bin Azzam Pasha

Family
Parents Not Available
Wife Muna bint Abd al Rahman bin Azzam Pasha
Sibling Not Available
Children Not Available

Mohammed bin Faisal Al Saud Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Mohammed bin Faisal Al Saud worth at the age of 80 years old? Mohammed bin Faisal Al Saud’s income source is mostly from being a successful businessman. He is from Saudi Arabia. We have estimated Mohammed bin Faisal Al Saud's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1937

Mohammed bin Faisal was born in Taif in 1937.

He was the second child and eldest son of King Faisal and Iffat Al Thunayan.

His full siblings were Sara bint Faisal, Latifa bint Faisal, Saud bin Faisal, Abdul Rahman bin Faisal, Bandar bin Faisal, Turki bin Faisal, Luluwah bint Faisal and Haifa bint Faisal.

Mohammed also had half-siblings from his father's other marriages, including Abdullah, Khalid and Saad.

1942

Mohammed bin Faisal started his education at Al Madrasa An Numuthagiya (The Model School) which was opened by his parents in Taif in 1942.

He was the first of his siblings to study abroad.

He attended both Lawrenceville School and Hun School.

1961

Then, he graduated from Swarthmore College in 1961.

1963

In 1963 he earned his bachelor of science degree in business administration at Menlo College in California.

Mohammed bin Faisal began his career in 1963 at the Saudi Arabian Monetary Agency (SAMA) and worked under Anwar Ali, director of SAMA.

The same year Prince Mohammed established the Red Sea Club in Jeddah which organized swimming competitions and art exhibitions.

Although it was closed soon, the Club is the precursor of the Saudi swimming federation.

1965

In August 1965 Mohammed was appointed director of the saline water conversion office at the ministry of water and agriculture.

He played a significant role in the establishment of the water desalination program during this period.

1974

He became deputy minister of water and agriculture responsible for saline water affairs in 1974 and was also appointed the governor of the newly founded saline water conversion corporation in November the same year.

1977

He resigned from the office in July 1977.

Mohammed bin Faisal began to involve in business after his resignation.

During this period he financially supported a study about the feasibility of bringing Antarctic icebergs to Mecca.

He established a firm for this goal, Iceberg Transport International.

On 17 October 1977, he presented his proposal at a conference in London.

His plan was the most promising scheme discussed at the conference.

However, the findings of the study indicated that it was not feasible, since no iceberg could survive if it passes the equator.

His most significant investments were in the fields of banking and finance, making him one of the pioneers in Islamic banking.

Prince Mohammed was the founder of the Faisal Islamic Bank of Egypt that was established in Cairo in 1977.

The Sudan branch of the bank was also opened in 1977.

The reason for his investments in Egypt instead of his native Saudi Arabia was the sceptical approach of the Saudi royal family towards the Islamic banking initiatives.

1979

The bank was officially launched in 1979.

1980

In the mid-1980s his DMI group lost a significant market share in Egypt.

1981

He cofounded Dar Al Maal Al Islami Trust (DMI group) in 1981.

Other cofounders of the company included the following leading figures: Zayed bin Sultan Al Nahyan, Isa bin Salman Al Khalifa, Ibrahim Kamel, Mohammed Zia Ul Hak, and senior members of the Al Saud.

The company was established in Geneva and is an international Islamic finance organization and a parent institution for 55 Islamic banks.

It is a Bahamas-incorporated holding company.

In Pakistan the bank was named as the Islamic Investment Company of Pakistan.

Through his Turkish associate Ahmet Gürkan, who would be a deputy of the Justice and Development Party, Prince Mohammed held private meetings with the military President Kenan Evren, other generals who were part of the military council and Prime Minister Bülend Ulusu to establish a branch of the bank in Turkey.

1984

His attempts resulted in the start of the bank under the name Faisal Finans Kurumu (Turkish: Faisal Finance Institution) in 1984.

1990

Prince Mohammed founded Faisal Private Bank in 1990 that is the pioneer banking institution in Islamic finance industry.

He was the chairman of its board of directors and of the Islamic Finance Group.

Faisal Private Bank has several branches in different countries, including Switzerland.

2017

Mohammed bin Faisal Al Saud (محمد بن فيصل آل سعود, Moḥammed bin Fayṣal Āl Saʿūd; 1937 – 14 January 2017) was a Saudi prince and businessman.

He was a son of King Faisal and was one of the pioneers in the establishment of Islamic banking and Islamic insurance.