Waqf Investment Funds Licensing

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This service enables you to obtain the licenses required to establish and launch Waqf investment funds, in partnership between the General Authority for Awqaf and licensed Capital Market Institutions. It aims to diversify Waqf investment portfolios and grow their resources, as the Authority supports and expands this ecosystem, which today includes more than 35 leading Waqf investment funds.

1- Log in: Access The authority's e-service portal. 

2- Select Service: Choose "Licensing Waqf Investment Funds" from the investment services menu. 

3- Fill out Data: Complete the required details for the Capital Market Institution and the investment product, and attach the necessary documents.

4- Review and Verification: The specialized team will review the application to ensure compliance with regulatory instructions. 

5- Approval: Upon fulfilling all conditions, the official approval to license the fund will be issued.

  1. The service is subject to full compliance with the "Instructions for Approving the Establishment of Waqf Investment Funds" issued by the General Authority for Awqaf.
  2. The Capital Market Institution (fund manager) must be licensed and approved by the Capital Market Authority.

The Fund Manager must provide proof of obtaining the Authority’s initial approval in accordance with Article (1-4).

Target group
Target group
Non-profit entities and licensed Capital Market Institutions
Service Duration
Service Duration
10 workdays from the date the application is complete
Service Channels
Service Channels
Website
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