Regulation Organizing the Management of Awqaf in Universities · Article 16
About this source
Subject to the condition of the endower, the assets and revenues of the university awqaf are invested and developed according to rules and policies approved by the University Awqaf Council, including:
Unofficial translation; refer to the original text in case of differences.
Law · Approved version 1 · Knowledge version effective from 2026-10-19
This link identifies the text in the selected edition.
Transcribed text
Article 16
Subject to the condition of the endower, the assets and revenues of the university awqaf are invested and developed according to rules and policies approved by the University Awqaf Council, including:
1.Establishing companies, participating in their establishment, or becoming a partner or shareholder in them, in adherence to the prescribed regulatory procedures.
2.Short-term or long-term investments in various fields, including commercial, service, industrial, real estate, technological, financial, banking, medical, food, and pharmaceutical sectors.