Housing Bank Sponsors Residential Housing at King’s Academy

Housing Bank has reaffirmed its commitment to education through its recent support of King’s Academy, a leading boarding and day school in Madaba. In recognition of this contribution, the school has renamed the Sulafat house to bear the bank’s name.اضافة اعلان

Sulafat House is one of nine residential houses within King’s Academy’s boarding program and is dedicated to welcoming and housing first-year students. The residence was established as part of His Majesty King Abdullah II’s vision for King’s Academy to serve as a model for secondary education in the Middle East. This initiative also aligns with Housing Bank’s corporate social responsibility strategy, which emphasizes support for the education sector.

The name Sulafat is inspired by the Arabic word for ‘turtle,’ referencing the star Sulafat, the second brightest in the Lyra constellation. Much like its celestial namesake, the residence embraces the principle of “slow but steady” growth, nurturing students with the skills and independence needed for long-term personal and academic success.

Housing Bank’s sponsorship of Sulafat is part of a broader history of partnership with King’s Academy, which includes contributions to the school’s guest house, student scholarship programs, and other educational initiatives. This continued support reflects the bank’s five-decade-long legacy of empowering academic institutions and advancing educational opportunities across Jordan.

It is worth noting that King’s Academy, a non-profit school, provides need-based financial assistance to nearly 50% of its students, making high-quality education accessible to a wide range of talented youth. The school’s mission—to offer transformative learning experiences and shape future leaders who will make a positive impact in their communities and beyond—resonates deeply with Housing Bank’s values and vision for sustainable development.

It is worth noting that Housing Bank's recent support for King's Academy, a leading non-profit school, stems from the bank's belief in the role the school plays as a model for schools in Jordan and the world. It is committed to providing need-based financial grants to approximately 50% of its students, aligning with its transformative mission, centered on providing pioneering and unprecedented educational opportunities for promising youth, enabling the youth to make change within their communities and beyond.