1 Day
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وكالة الانباء الاردنية
Awqaf Minister: Endowment assets exceed 500M dinars and revenue plan
The Minister of Awqaf and Islamic Affairs and Holy Sites revealed a comprehensive assessment of the assets of the Endowments Funds Development Department, valued at approximately 516 million dinars, along with a plan to double the department's revenue over the next three years. The valuation included real estate management of around 1,000 endowment properties covering an area of 6,830 dunams, with an investment and leasing rate of 72%, generating an annual return of about 9.3 million dinars in 2025. The department’s plan also involves expanding investments through new projects, purchasing land and commercial buildings, developing partnerships with the public and private sectors, and digitizing its services to enhance efficiency, attract Islamic financing, and support the national economy. The overall goal is to increase endowment resources and strengthen its role in reducing poverty and unemployment.
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