Waqf Council Vice Chairman Signs MOU with SECO for Islamic Investments
The Deputy Chairman of the Bahrain Islamic Endowments Authority, Sheikh Dr. Rashid bin Mohammed bin Fatees Al-Hajri, signed an agreement with the "Sico" Group to manage an investment portfolio compliant with Islamic Sharia. The aim of this step is to enhance the efficiency of endowment asset management, diversify investments, and achieve sustainable returns through instruments such as Sukuk and fixed income. The agreement reflects a developmental role for endowment investment, focusing on protecting and growing assets in a way that supports economic sustainability and national development in Bahrain.
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