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Law of the General Authority for Awqaf · Article 11

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

Source scope
Shared sources
Source type
Law
Reference
م/11
Issuing body
مرسوم ملكي
Issued on
2015-12-08

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Transcribed text

Article 11

Citation linkLink to this edition

A standing advisory committee named the "Advisory Committee" shall be formed and shall comprise members other than Board members and the Authority’s employees pursuant to a Board decision, and shall be located at the Authority's headquarters. Said Committee shall report to the Board and shall provide Sharia, legal, financial, economic, investment, and social consultation. This shall be as follows;

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1.The Committee shall comprise the following:

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a)two specialists in the field of economy and investment;

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b)two Sharia specialists in financial and economic transactions having knowledge and expertise in the field of awqaf;

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c)a legal specialist;

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d)a financial specialist;

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e)a specialist in social work;

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2.The formation decision shall specify the chairman and vice-chairman of the Committee from among its members;

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3.Membership of the Committee shall be for a term of three years, renewable once;

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4.The Committee shall have a secretariat with sufficient staff.

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5.The Committee shall draft the regulations that govern monitoring and auditing as well as the rights and duties of its members and staff, to be approved by the Board.

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