Doha: Under the umbrella of the General Directorate of Endowments at the Ministry of Awqaf and Islamic Affairs, a new cash endowment of QR150,000 has been received in support of the “Waqf Al-Wuqoof,” part of the Waqf Fund for Righteousness and Piety.
The contribution reflects a growing trend toward supporting endowments that prioritize asset growth and maximize long-term societal impact.
According to the Directorate’s records, this marks the donor’s first endowment initiative, representing a new step toward institutional charitable giving through a model that promotes sustainable development projects and strengthens the role of waqf in community development.
Cash endowments are considered a key instrument in supporting waqf investment, enabling capital to be strategically invested to generate continuous returns directed toward charitable channels, thereby enhancing financial sustainability and resource efficiency.
Ghanem Abdul Latif Al Rumaihi, Head of Marketing at the Waqf Funds Department, said that “Waqf Al-Wuqoof” represents an advanced model based on reinvesting returns to create new endowment assets on an ongoing basis.
He noted that this approach reinforces sustainability and enhances the capacity of waqf funds to support long-term community projects, while maintaining strong governance and transparency in line with donors’ conditions.
Al Rumaihi added that the increasing interest from new donors reflects growing confidence in the institutional framework of waqf and rising awareness of the importance of ongoing charity (sadaqah jariyah) in creating lasting impact.
