Endowment of one-third of estate to support charitable waqf fund

Doha, Qatar: The General Directorate of Endowments at the Ministry of Awqaf and Islamic Affairs has registered a will in which a generous benefactress...

Doha, Qatar: The General Directorate of Endowments at the Ministry of Awqaf and Islamic Affairs has registered a will in which a generous benefactress dedicated one-third of her estate as a charitable endowment (waqf).

The endowment includes a diverse range of assets such as real estate, shares, financial balances, and gold, to be managed under the supervision of the General Directorate of Endowments. The revenues generated from these assets will be directed to the Endowment Fund for Righteousness and Piety.

The will allocates a portion of the estate to become a permanent endowment after the benefactor’s passing, ensuring the continuity of charitable rewards and transforming the assets into a sustainable source of philanthropic giving. This type of endowment reflects a deep understanding of the role of wills in establishing long-term endowment resources that continue to benefit society over time.

According to records of the General Directorate of Endowments, this will represents the benefactress’s first endowment initiative, demonstrating her commitment to reviving the tradition of waqf through a will that dedicates part of her wealth to charitable causes. The endowment will be managed within an institutional framework that guarantees professional investment, governance, and strict adherence to the donor’s conditions.

In this context, Jassim Hassan Buhazza, Director of the Endowment Funds Department at the General Directorate of Endowments, said that allocating part of an estate as a waqf through a will represents one of the important avenues of charitable endowment work, allowing individuals to ensure that part of their wealth continues to generate ongoing charity after their passing.