The first in development housing… launching the endowment certificate for a fund "Jude Al-Waqfi"
Posted in Launching the approved digital endowment certificate for a fund "Jude Al-Waqfi"As one of the qualitative initiatives aimed at enhancing the sustainability of giving in the field of Development Fund, which is issued immediately upon contribution to the Fund, facilitating the endowment procedures, documenting the donor’s contribution, and ensuring that investment returns are directed to support the provision of decent housing for deserving families in a sustainable manner.
Fund "Jude Al-Waqfi"
The launch of the certificate comes in the context of efforts to develop the endowment system and enhance its developmental role, through modern models based on organization, governance and impact measurement, and contribute to transforming the endowment into an effective tool that achieves long-term social impact and supports family stability and quality of life.
The Fund embodies "Jude Al-Waqfi" This launch is an advanced model in employing the endowment to serve developmental housing, through a sustainable financial stream whose impact grows year after year, and keeps pace with the goals of social development and the Kingdom’s Vision 2030 in maximizing the role of the non-profit sector.
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