As part of ongoing efforts to enhance social protection, the 'Al-Jamia' service offered by the General Organization for Social Insurance to retirees has emerged as a flexible financial tool that helps manage obligations and improve quality of life. However, restricting this service to retirees alone raises a legitimate question about the possibility of expanding it to include wider segments of society.

For those unfamiliar with how 'Al-Jamia' works, it operates on the principle of organized cooperative savings. A number of individuals agree to pay a fixed amount of money monthly or periodically, and then one participant in each cycle receives the total accumulated amount according to a pre-agreed order, until all members benefit in turn. For example, if ten people each contribute one thousand riyals per month, one of them receives ten thousand riyals each month until the cycle is completed for everyone.

The importance of this system lies in providing the participant with a large amount of liquidity at a specific time without needing to resort to bank loans or incur interest or additional fees. It also promotes commitment to saving and financial discipline.

Opening this service to all groups, via a trusted digital platform under the supervision of a government or accredited financial entity, represents a qualitative step toward financial empowerment, especially amid changing economic challenges. Many employees and low-income individuals need organized and safe savings solutions, away from banking complexities or long-term commitments.

Generalizing 'Al-Jamia' not only expands the scope of benefit but also promotes a culture of saving and financial discipline, providing individuals with a practical tool to meet their emergency needs or future plans without falling into the trap of debt or high-cost loans. Moreover, supervision by a trusted entity ensures transparency and reduces risks associated with traditional unorganized associations, such as default or non-compliance with payment.

If the relevant authorities deem it appropriate, the expansion of this service in the future may contribute to strengthening the culture of saving and financial discipline, and enable wider segments of society to benefit from this safe cooperative model.