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Regulation Organizing Nazara (Beholding) Activities · Article 2: Objectives of the Regulation

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This Regulation aims to achieve the following:

Unofficial translation; refer to the original text in case of differences.

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

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Shared sources
Source type
Law
Issuing body
الهيئة العامة للأوقاف
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1

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Transcribed text

Article 2: Objectives of the Regulation

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This Regulation aims to achieve the following:

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1.Regulating and organizing beholding activities in a manner that fulfills the intent of the Endower and enhances the developmental role of Awqaf.

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2.Raising the professional competence of beholders in order to protect the Waqf and the rights associated therewith.

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3.Strengthening the principles of transparency and oversight over beholding activities and regulating the rights and obligations of the beholder.

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4.Protecting Awqaf, developing them, and enhancing their developmental role in accordance with the conditions of Endowers and the relevant laws and regulation.

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This is in accordance with the supervisory and oversight mandate of the Authority over beholders and their activities as stipulated in the Law of the General Authority for Awqaf issued by Royal Decree No. (M/11) dated 26/02/1437H, and pursuant to the powers granted to the Authority under the Council of Ministers Resolution No. (286) dated 21/05/1442H.

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