Regulation Organizing the Management of Awqaf in Universities · Article 1

The following terms and phrases, wherever mentioned in this Statute, shall have the meanings specified next to each, unless the context requires otherwise:

University Awqaf: All awqaf established in the university or affiliated with it.

Endower: The natural or legal person who establishes the waqf for the university or its affiliated entities.

Supervision: The authority to carry out actions that ensure the preservation, investment, development, repair, litigation, and disbursement of the revenue of the waqf, in accordance with the endower’s conditions.

Supervisor: The natural or legal person responsible for supervising the university awqaf.

Supervision Council: The authority responsible for overseeing, managing, and monitoring the university awqaf.

University Awqaf Council: The university council in universities applying the Higher Education Council and Universities System issued by Royal Decree No. (M/8) dated 4/6/1414 H, or the Council of Trustees in universities applying the Universities System issued by Royal Decree No. (M/27) dated 2/3/1441 H, in accordance with the Universities System applied in the university.

General Secretariat: The general secretariat of the Awqaf Council.