Waqf investment funds in GCC countries: A case study on Saudi Arabia

Saudi Arabia is considered the first country in the GCC to issue Waqf investment funds in November 2018. However, after one year of running these Waqf funds, the scale of invested assets has not reached a level that matches a wealthy and big country such as Saudi Arabia. In this article, DR AHMED HASSAN AL-NAGGAR finds out the perception of the Waqf funds that were issued recently, the scale of the invested assets and the reasons behind the small scale of the invested assets in these Waqf funds one year on from issuance.

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