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Regulation on the Establishment of Waqf Investment Portfolios · Article 11: Actions in Cases of Violation or Harm to the Waqf Investment Portfolio

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

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Law
Issuing body
الهيئة العامة للأوقاف

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Transcribed text

Article 11: Actions in Cases of Violation or Harm to the Waqf Investment Portfolio

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In the event of any action, including violations of this Regulation, that may harm the Waqf Investment Portfolio, the Authority, at its discretion and in coordination with the CMA, may take necessary actions in accordance with the General Authority for Awqaf Law, CoM Resolution No. 286 dated 1442/05/21 H, and all applicable laws, regulations, and instructions.

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