6 Hrs
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New endowments permitted
The Ministry of Awqaf affirmed that it is permissible to establish educational and healthcare endowments, in response to President Abdel Fattah el-Sisi’s call for a legal framework to encourage educational endowments. It explained that an endowment can support education, scientific research and student welfare, as well as fund the establishment of hospitals and medical centers and provide treatment for those in need. The ministry expressed its readiness to work with the relevant government bodies to develop a framework governing the establishment, management and investment of these endowments, ensuring the protection of their assets and transparency in how their proceeds are allocated.
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