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Regulation Organizing Nazara (Beholding) Activities · Article 8: Registration of the Waqf

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Article 8: Registration of the Waqf

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1.The beholder shall register the Waqf and all related endowed assets with the Authority within a period not exceeding (30) business days from the date of its documentation before the competent authority or from the effective date of this Regulation, through the Authority’s website.

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2.The beholder shall update the Waqf’s data and information with the Authority within a period not exceeding (15) business days from the occurrence of any of the following cases:

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a)Expiry of the Waqf registration certificate issued by the Authority.

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b)Upon the occurrence of any material change affecting the waqf, whether related to the endowed asset, beneficiaries, or beholders.

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3.For the purposes of applying the provisions of this Regulation, the Authority shall classify Awqaf as follows:

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a.Large Awqaf

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b.Medium-Sized Awqaf

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c.Small Awqaf

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d.Awqaf with direct usufruct

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