UN in KSA and ICD Launch Research Paper on Role of Awqaf in Saudi Arabia

The United Nations in the Kingdom of Saudi Arabia (UN in KSA) and the Islamic Corporation for the Development of the Private Sector (ICD) have teamed up to launch a research paper on ‘Awqaf for the Achievement of Vision 2030 and the Sustainable Development Goals (SDGs)’, that intends to provide actionable recommendations on how Awqaf might be used as a source of sustainable funding in Saudi Arabia for Vision 2030 and for the SDGs.

Why it Matters?

The Awqaf sector has become dormant in many nations, and social Awqaf is contributing less strategically to social and economic growth than it could be. Following in-depth interviews with more than 25 participants, the study revealed that there are three levels of alignment challenges: purposes, p...