Minister of Finance, Chairman of the General Authority of Endowments, His Excellency Mr. Mohammed bin Abdullah Al-Jadaan, chaired the thirtieth meeting of the Board of Directors of the General Authority of Endowments on Wednesday, 10th of Ramadan, 1445 AH. The meeting was attended by the Vice Chairman of the Board, Mr. Emad bin Saleh Al-Khrashi, the Governor of the Authority, and the rest of the council members.
His Excellency the Chairman of the Council opened the meeting by welcoming the recently appointed members and those who have been renewed in their membership of the council. He expressed his gratitude to the members whose terms have ended for their efforts and contributions, and wished success and prosperity to the newly appointed and renewed members. He also commended the support and care provided to the endowment sector by the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince, may Allah protect them.
During the meeting, the council discussed several topics on its agenda, approved the financial statements and annual report of the Authority for the fiscal year 2023, and formed some committees derived from it.
The council emphasized the importance of the endowment sector and its role in contributing to the achievement of the goals of Vision 2030 in the Kingdom.
The General Authority for Endowments has recovered one billion and five hundred million Saudi riyals for a number of endowments and has protected assets worth one hundred billion riyals.
In line with the strategic role of the General Authority for Endowments in developing systems and governance in the endowment sector to be more flexible and suitable for current and future needs, and to enhance oversight and transparency, and with the expiration of the deadline for settling the s
The General Authority of Awqaf has signed a memorandum of understanding to establish and launch the largest endowment investment portfolio worth one billion riyals with the Abdullah Al-Othaim and Sons Charitable Foundation.
The Governor of the General Authority of Awqaf, Mr. Emad Al-Kharashi, has signed a memorandum of understanding with the Chairman of the Board of Trustees of the Abdullah Bin Saleh Al-Othaim and Sons Charitable Foundation, Mr.
To ensure the facilitation of immediate registration for endowments, the completion of electronic integration between the Ministry of Justice and the "Awqaf" is required
The Ministry of Justice and the General Authority for Endowments have completed the integration of systems related to endowment deeds in an important step to facilitate and improve the experience of endowment registration procedures.
"Awqaf" organizes more than 15 workshops to enhance the role of endowment certificate with government and private agencies
The General Authority of Endowments organized a number of workshops with more than 15 government and private agencies, to enhance the role of the (endowment certificate), raise the quality of services provided, improve the journey of beneficiaries and their experience in the endowment sector, and
