Saudi foundation donates Malaysian university $ two million

The Prince Sultan Abdul Aziz Charity Foundation has donated $ 2 million to the International Islamic University of Malaysia (IIUM), reports Malaysian news agency BERNAMA.

Half of the amount will go to students and the other half to the university, said Saudi Arabia's Aviation and Defense Minister who received an honorary doctorate in political science from the university.

The foundation was established by Prince Sultan Abdul Aziz, son of the late King Abdul Aziz Al Saud, founder of the Kingdom, in 1995 to provide social and health services in the Muslim world.

The Saudi official, who also serves as second deputy-ministers council, started on Tuesday an eight-day visit to Malaysia. He is accompanied by a 164-member delegation including four Saudi princes and three ministers.

Saudi Arabia and Malaysia signed on the occasion of the visit an investment guarantee agreement.

IIUM was founded in 1983 by the Malaysian Government and was co-sponsored by the Organization of Islamic Conference (OIC) and several Muslim countries.

Presently, its had 8,689 undergraduate and 1,416 postgraduate students, including 1,434 foreign students from 92 countries.