12/10/2020
A specialist calls for the creation of an accelerator for digital endowments
During the meeting of the Diwaniyah of Awqaf in the Asharqia Chamber
An Engineer Sami bin Omar Al-Hussain, CEO of HYOD, affirmed that the business sector in the Eastern Province is keen on establishing and following up endowments, pointing to the sector and commercial families ’interest in making endowment experiments a success, and the generalization of these experiences and their publicity through meetings and events in order to spread the benefit and benefit from them upon the establishment of any new endowment.
Al-Hussain said during the fourth and final meeting of the fourth session of the Diwaniya of Endowments in the Asharqia Chamber, which was organized remotely, on the evening of Wednesday, October 7, 2020, under the title "Digital Endowments" that the endowment is defined as the confinement of the origin and the subtraction of the fruit or benefit, pointing out that the original refers to the endowed eye, either the benefit is intended to release the benefit of the suspended asset to the concerned party, indicating that the endowment is one of the largest benefits that confirm the continuation of the business of the arrested person after leaving life.
Regarding the forms of the electronic endowment, Al-Hussain said that the endowment kept up with updates and renewal through several means that enabled everyone to benefit from it and even obtain its products until it reached the digital world. Of the expenses and the limited benefit, but in our world now characterized by digitization and technology, the stander can spread his endowment to the world by building an integrated educational platform that the receivable can benefit from all over the world, and this also applies to digital books that have become accessible to everyone at reduced costs, unlike It was formerly where they were produced to become expensive paper books.
Al-Hussain talked about the advantages of the digital endowment, saying that it is considered an aid to maximizing the benefit and reducing costs, in addition to open benefit, great continuous growth, and the difficulty of disruption, explaining that the real product of the endowment is to focus on maximizing the benefit and reducing the focus on the original, calling for thinking about establishing an accelerator, for digital endowments.
