Endowment Investment Funds

The General Authority for Awqaf has launched its first development initiatives the Waqf Investment Funds Project in cooperation with the Capital Market Authority (CMA), where the funds aim to contribute to meeting community and development needs and raise the contribution of the non-profit sector to GDP. The funds comply with the requirements contained in the Instructions for Investment Funds issued by the CMA.

Endowment Investment Funds are:

  • Non-fixed-term funds
  • All its units are endowed and not in circulation.
  • The contribution is available to all.
  • The revenues are disbursed to the beneficiaries of the fund in accordance with the Donor Conditions from which the eligible non-profit entities could benefit, in accordance with conditions and regulations set by the General Authority for Awqaf.