Strategic Goals

Enhance the WAQF sector’s Regulatory Environment

Strengthen sector governance and the regulatory framework

Define the roles of key stakeholders in the WAQF sector​

Develop the Waqf Legal Identity​

Enhance GAA’s Nazzara (Supervision) Ecosystem and Maximize Its Impact

Measure the WAQF sector’s impact​

Improve the efficiency and impact of development programs​

Achieve Organizational Maturity and Strengthen Financial Resources​

Develop sustainable financial tracks for growth​

Update the organizational structure and enhance the governance framework​

Develop the WAQF sector and Raise Public Awareness​

Develop and launch innovative Waqf products​

Establish an integrated incentives framework​

Implement awareness campaigns and strengthen international presence.​

Expected Benefits from Achieving the Authority’s Strategic Objectives​

Strengthening the Regulatory Environment of the WAQF sector’s ​

  • Enhance the attractiveness and governance of the WAQF sector, and streamline the Waqf journey​
  • Develop and empower Nazzar (trustees), while strengthening transparency and regulatory alignment​
  • Improve compliance across Waqf entities and develop an optimal supervision and oversight model​
  • Advance Nazzara models and define the core competencies required for asset management​

Develop the WAQF sector and Strengthen Public Awareness​

  • Develop targeted incentives in collaboration with relevant government entities​
  • Launch innovative Waqf assets and products, and develop diversified financing mechanisms​
  • Implement awareness and sector education campaigns​
  • Highlight investment opportunities within the sector to attract new Waqifs​

Enhance GAA’s Nazzara Ecosystem and Maximize Its Impact​

  • Develop an integrated impact measurement methodology aligned with Sustainable Development Goals​
  • Establish a performance framework enabling the Authority and its subsidiaries to assess affiliated entities​
  • Strengthen collaboration with relevant government entities to identify key development priorities and needs​

Achieve Organizational Maturity and Strengthen Financial Sustainability​

  • Align the organizational structure with leading local and international benchmarks​
  • Update the governance model in line with global best practices​
  • Enhance financial management efficiency and reduce reliance on government funding​