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Regulation Organizing the Management of Awqaf in Universities · Article 5

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The university awqaf shall have a Council called the "University Awqaf Council," which shall assume the following tasks:

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Law · Approved version 1 · Knowledge version effective from 2026-10-19

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Article 5

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The university awqaf shall have a Council called the "University Awqaf Council," which shall assume the following tasks:

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1.Approving the strategy and general policies of the university awqaf.

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2.Approving the internal regulations governing its operations.

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3.Adopting the organizational structure of the university awqaf.

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4.Approving the annual budget of the university awqaf.

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5.Establishment of companies and subsidiaries affiliated with the university awqaf, or participation in the establishment or entry into companies as partners or shareholders, in accordance with the applicable legal procedures.

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6.Approval of the establishment of branches for the university awqaf within the Kingdom.

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7.Appointment of members for the Awqaf’ Council of Trustees.

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8.Appointment of an external auditor for the accounts of the university awqaf.

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9.Authorization of financial and accounting policies and procedures governing the university awqaf.

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10.Approval of the final account and annual report of the university awqaf.

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11.Absolving the chairman of the Awqaf Council and its members from liability for their work.

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12.Setting and overseeing the salaries, benefits, and incentives for employees within the university awqaf.

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The Council is authorized to delegate some of its powers to its chairman or anyone he deems fit to carry out specific tasks within its jurisdiction, and it has the authority to form permanent or temporary committees from its members or others to look into matters assigned to them.

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