Saudi Gazette report
RIYADH — Minister of Islamic Affairs, Call and Guidance Sheikh Abdullatif Al-Sheikh directed mosque preachers across Saudi Arabia to dedicate next Friday's sermon to enlighten the faithful about the dangers of greed and excessive rent increases. This is to reinforce the efforts of Crown Prince and Prime Minister Mohammed bin Salman to regulate the real estate sector and achieve stability in the housing sector.
The minister’s directive stipulates that the sermon should address the lofty meanings of the regulations issued as per the Crown Prince's directives to achieve balance in the real estate sector. These regulations aimed to facilitate housing for citizens and residents, as this provides psychological and social stability for many families. It also urges property owners to avoid greed and excessive profiteering, as this harms tenants and imposes hardship on families.
