QAR 5 Billion Total Endowment in Qatar - Minister

Doha, May 13 (QNA) - HE the Minister of Endowments (Awqaf) and Islamic Affairs Dr. Ghaith bin Mubarak Al-Kuwari said that the total volume of endowments in Qatar is estimated at QAR 5 billion. HE the Minister said in remarks on the sideline of the 6th Forum on the Endowment Jurisprudential Issues, that the Ministry is planning to reevaluate the size of endowments in Qatar. He added that the ministry is intending to develop new products in order to increase the size and assets of endowment (Waqf) in Qatar, pointing to the major role of endowment within the local community especially in the areas of education, health, mosques and various forms of righteousness and piety. He also noted that the Forum is an opportunity and a platform for discussions and consultation in the affairs of endowments and ways of their masterminding, managing and usefulness maximizing. The Forum also falls within the framework of the efforts of the nation to strengthen the role of Waqf in the Islamic world, he noted. (QNA)