Riyadh, February 21, 2025 — The National Developmental Housing Foundation (Sakan) has been awarded the prestigious ISO 31000 certification, recognizing the organization for its outstanding risk management practices. This certification is a significant achievement for Sakan, reflecting its operational excellence and commitment to ensuring that its processes are robust, efficient, and aligned with international standards in risk management.
The ISO 31000 certification is an internationally recognized benchmark for effective risk management, and it acknowledges Sakan’s ability to identify, assess, and manage risks in a proactive manner. The certification reinforces Sakan’s dedication to ensuring the sustainability and resilience of its services while minimizing risks across its operations. By adhering to the best practices outlined in ISO 31000, the foundation demonstrates its commitment to safeguarding its operations and contributing to the Kingdom’s broader goals of economic stability and growth.
Abdulaziz Alkaridis, Secretary-General of Sakan, expressed immense pride in receiving the ISO 31000 certification. He emphasized that this achievement is a testament to the foundation's continuous efforts to improve its risk management processes. Alkaridis further highlighted that the certification aligns with Sakan’s long-term mission to provide sustainable housing solutions that meet the needs of Saudi citizens while maintaining high operational standards.
The certification also reflects the foundation’s broader commitment to ensuring that all aspects of its operations are carried out with the utmost efficiency. By embedding strong risk management practices into its core functions, Sakan is better positioned to navigate challenges and deliver services that benefit the Kingdom's growing population. This milestone underscores the foundation’s role as a leading player in the Saudi housing sector and its ongoing contributions to the national development agenda.