IsDB organizes Waqf workshop in Madinah under the patronage of the Governor of Madinah Reigon

IsDB organizes Waqf workshop in Madinah under the patronage of the Governor of Madinah Reigon

Under the patronage of HRH Prince Faisal Bin Salman Bin Abdulaziz, Governor of Madinah Reigon, HRH Saud Bin Khalid Al Faisal, Deputy Governor of the Region, inaugurated the first stage of establishing the “Center of Excellence for the Waqf in Madinah” Project.

The Deputy Governor of the Region stressed the importance of the role of Waqf in society as one of the tributaries of sustainable social development, pointing out that the Waqf had a distinguished role in covering a large part of the social requirements and filling the economic gaps in the community.

“Waqf has preserved the distinctive identity of the Islamic community through its social solidarity including the fulfillment of the needs of the community,” he said.

He pointed out that Madinah has embraced many Waqf properties, some of which date back to the first history of Islam, adding that Madinah is considered the center point for Waqf in the Islamic world.

Dr. Bandar Hajjar, President of the Islamic Bank Group, thanked HRH the Emir of the Region for his generous patronage of the workshop, pointing out that the Awqaf sector in Madinah is finding unlimited support from him. He also thanked the Deputy Governor of the Region for his presence and honoring of the workshop, stressing that the success of the workshop and its recommendations contribute to support the Waqf sector in the Region.

“Madinah will be an open space for all institutions and specialized bodies in the field of training to partner and build individual and institutional capacities in cooperation with IRTI. It will provide specialized programs in developing human and institutional capacities of the non-profit sector, in particular, the endowment sector” he said.

Original source: IsDB
Published on 21 February 2019