SAUDI ARABIA: The General Authority for Awqaf (GAA) has updated the rules as well as terms and conditions for submitting applications to collect donations for the purpose of establishing or financing endowments, according to an official statement.
The update will be applicable to all requests submitted to obtain a license for fundraising to create new endowments or to finance existing endowments, for the purpose of sustaining, developing, operating or reforming them.
The terms and conditions included the requirement that the applicant should not have been previously removed from the supervision of any endowment by a final ruling due to a reason related to integrity, honesty, incompetence or inadequacy.