Qatar's Awqaf registers a 58,988-share endowment under its 'Waqf Al-Wuqoof' initiative

Qatar's General Directorate of Endowments has registered a new investment endowment of 58,988 shares in companies listed on the Qatar Stock Exchange, donated under the ministry's 'Waqf Al-Wuqoof' -- Endowment of Endowments -- initiative. It is the first such gift on record for this particular benefactor, and it illustrates a model worth paying attention to: the shares themselves stay locked in as a permanent endowment asset, while only the returns they generate are spent on the charitable purposes the donor specifies. Ministry officials describe the wider goal as reinvesting endowment income into new endowments, so each year's returns can seed the next asset rather than simply being spent down -- a compounding structure closer to an institutional trust than a one-time charitable gift. It is a small, procedural-sounding story, but waqf has always worked this way: unglamorous registrations quietly building an asset base that outlives any single donor. Qatar's Ministry of Awqaf frames the effort as part of a broader push toward a sustainable endowment and zakat system under Qatar National Vision 2030 -- worth watching as a live case study in modern, market-based waqf structuring.

This is a QeRN summary by Ahmed Qerni. Read the original at The Peninsula Qatar: http://thepeninsulaqatar.com/article/25/08/2026/awqaf-registers-58988-shares-as-new-endowment-investment.