Endowment fund touches QR5 billion, says minister

TRIBUNE NEWS NETWORK

DOHA MINISTER of Awqaf (Religious Endowments) and Islamic Affairs HE Dr Ghaith bin Mubarak bin Imran al Kuwari has said that endowment amount in Qatar is currently estimated at about QR5 billion.

In his remarks on the sideline of the 6th Forum on the Endowment Jurisprudential Issues on Monday, the minister said the ministry was planning to re-evaluate the size of endowments in the country.

He also noted that the ministry intended to develop new products to increase endowment fund in Qatar, emphasising on the developmental role the donations play in promoting various activities in the community, especially those related to education, health, Quran, advocacy, mosques construction as well as other humanitarian acts.

The minister described the forum as a major platform to promote solidarity among Islamic countries as it discusses endowment issues that distinguish the Islamic nations from others.

He pointed out that the forum was an opportunity and a platform to talk about endowment affairs and ways to manage them and maximise their benefits. He said the meet was part of the efforts of the Muslim communities to strengthen the role of the donation.

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