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Regulation on the Establishment of Waqf Investment Portfolios · Article 9: Materialistic Changes to the Portfolio

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The Endower or Trustee must immediately notify the Authority of any materialistic change to the portfolio without prejudice to the laws and regulations or instructions applicable to the portfolio. Examples include, but are not limited to:

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

Law · Approved version 2 · Knowledge version effective from 2026-10-19

Source scope
Shared sources
Source type
Law
Issuing body
الهيئة العامة للأوقاف
Edition
2

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Transcribed text

Article 9: Materialistic Changes to the Portfolio

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The Endower or Trustee must immediately notify the Authority of any materialistic change to the portfolio without prejudice to the laws and regulations or instructions applicable to the portfolio. Examples include, but are not limited to:

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1.Materialistic change to the Management Agreement.

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2.Contracting with another Capital Market Institution.

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3.Termination of the Waqf Investment Portfolio or the Private Waqf Investment Portfolio, or conversion of all or part of its assets to other assets, with justification and clarification on the fate of the assets after termination.

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