16/03/2015
Versions of the East Chamber Endowment Committee
Thirty step "to stop the distinctive" guidelines and a model for innovative formula endowment
In the framework of the attention of the East Chamber Committee of Religious Endowments of the means in spreading the culture of Waqf and to highlight this Islamic ritual was carried print specialized collection entitled "30 steps to stop the distinctive" authored by Sheikh Saad bin Mohammed Al-Muhanna Secretary of the Chamber endowments, which included the Group book and a number ofmodels of formats endowment, this group a guide simplified addressing those who wish to put to stop him, and contribute to providing tips and guidance and counseling and offers a proposal to formats suitable endowment and put the process lines to document the moratorium, as the group includes strategies for endowments and work on planning, organizing them, goodmanagement and governance, as well as interest formulas endowment, the selection of her words, and provide multiple models of them.
Shaykh al-Muhanna the author of this group noted the need to stand on the successful experiences endowment internally and externally and then published, work to overcome obstacles to people's willingness to endowments and recognized by the competent authorities.
He called for the need for media awareness of the importance of endowment and dividends, road work in endowments and bequests statement, members of the Conference on the future of the endowment to indicate the role of endowments to support charities and ways to activate it in this day and age.
The book recommended to enact regulations, Ministry of Commerce and Industry to create an endowment, non-profit companies, the inclusion of regulations endowments and bequests systems within systems of family businesses, especially since many of the founders of the companies they recommend stopping or so,
He stressed the importance of "setting guides the process for two positions," because the urgent need for such evidence, by the fact that there is a desire among many of the affluent in the allocation of Awqaf to them in their lives and their desire to organize, conservation and development ..
It is clear from the group that the quality of Awqaf and management is to treat it like dealing with any business venture, enjoys planning and care management and recruiting energies distinctive competencies , as a reference group (Step XI): "Turn the endowment and charity work also runs the commercial business ofby attracting distinctive competencies, strong experience with the Secretariat, invested in the minds of men in the production, excellence and access to what you meant, and your goals, give the Endowment curiosity times and energies lead to intriguing results, The quality of planning and the provisions of operations is an important factor to achieve quality in QVC documented that he would be a role modelin the field of distinctive endowments. "
And the book (in step XIV) on the need to differentiate between the term endowment, the term commandment said that the differences between them hidden to many people that the commandment is not permissible except in one-third of the estate and less, anything more than a third the heirs leave,The moratorium does not stop to most of it is permissible for a person to stop whatever he wants his money, even if more than one-third of here .The study confirmed the need for cessation of documenting the competent Sharia Court, so as to prevent any objection by the heirs to the suspension.
The group made a number of proposals to manage the endowment, especially if a large endowment, has shown in step thirty ten proposals for this purpose to be to stop the independent management, an accountant specialist, the establishment of an independent charitable foundation be disbursed the proceeds of the moratorium on its way, the separation of management from ownership and workalong the lines of joint-stock companies.
For his part, Abdul Rahman bin Abdullah Alwabil the secretary general in the Chamber indicated interest in such activities and adoption come from within the keenness of the East Chamber on community participation and raise awareness in all that adds to the community and excellence
