Guideline for Classifying Types of Endowment

Release Tool:	Councils and commissions decisions
Release Date:	1445-11-22
Summary:	By AI The comprehensive guideline for classifying types of endowments, prepared by the General Authority for Awqaf, aims to clarify the classifications of endowments and assist endowers in determining the type of their endowment and the resulting rulings and procedures. The guideline includes a simplified explanation of the three types of endowments: public (charitable) endowment designated for public benefit, private endowment designated for specific individuals, and joint endowment that combines bot...

Release Tool:

Councils and commissions decisions

Release Date:

1445-11-22

Summary:

By AI

The comprehensive guideline for classifying types of endowments, prepared by the General Authority for Awqaf, aims to clarify the classifications of endowments and assist endowers in determining the type of their endowment and the resulting rulings and procedures. The guideline includes a simplified explanation of the three types of endowments: public (charitable) endowment designated for public benefit, private endowment designated for specific individuals, and joint endowment that combines bot...