Regulation on the Establishment of Waqf Investment Portfolios · Article 4: Regulatory and Supervisory Framework
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Regulation on the Establishment of Waqf Investment Portfolios · Article 4: Regulatory and Supervisory Framework
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Law · Approved version 2 · Knowledge version effective from 2026-10-19
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Article 4: Regulatory and Supervisory Framework
1.Without prejudice to the powers of the CMA, the General Authority for Awqaf shall supervise Waqf Investment Portfolios in accordance with its mandates and authorities under its Law, this Regulation, and relevant laws, regulations, and instructions.
2.In matters not addressed in this Regulation, the rules governing Investment Accounts shall apply to the waqf investment portfolio, including accounts managed at the discretion of Capital Market Institution as stipulated in CMA Law and executive regulations.