About Waqf Alkawthar
The Al-Kawthar Charity Endowment
One Third Mohammed Saleh AlKhannah Endowment.
Who are we ?
Waqf Mohammad Saleh Al-Khannah: a strategic endowment foundation with a clear vision aimed at promoting and efficiently managing Waqf assets through professional investment in line with Islamic Sharia. The foundation seeks to serve the community by ensuring the sustainability of charitable and humanitarian work across all sectors, both within the State of Kuwait and beyond, through a comprehensive administrative and governance system. At the Waqf, we focus on securing safe investments while ensuring the distribution of returns to charitable causes and development projects in areas such as education, healthcare, and social development. We believe that Waqf is a perpetual source of goodness and giving, and we are committed to achieving sustainability and developing endowment assets in a manner that benefits the Muslim community and enhances charitable efforts.
The Al-Kawthar Charity Endowment provides support for charitable and humanitarian efforts through endowment funds.
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Vission
A globally leading endowment with profound impact and great benefit, making a meaningful difference in reality and across the Muslim community.
Message
A global endowment model that achieves sustainability and growth by investing its diverse assets to support the development of Muslim communities and maximize positive impact, in accordance with Sharia and administrative principles, while adopting best modern practices and governance standards..
Goals
1. Endowment Sustainability: Preserving and developing endowment assets through safe and diverse investments, in a way that achieves the continuity of charitable goals.
2. Maximizing social benefit: Allocating a large portion of endowment revenues to charitable banks that serve the Muslim community in Kuwait and abroad.
3. Achieving transparency and financial control: Establishing an internal control system that ensures the proper management of endowment funds and financial resources in accordance with sound accounting standards.
4. Developing executive management: Forming and managing the Board of Directors efficiently and effectively, and training members to ensure continuity of work in accordance with agreed standards.
5. Achieving sustainable economic development: Investing endowment funds in projects that ensure the growth of financial assets, while ensuring the reduction of risks and the expansion of the investment base..
Values
Sincerity: Devoting work sincerely to Allah and maintaining a genuine intention to fulfill the founder’s vision.
Responsibility: Upholding the trust in managing the endowment’s assets and implementing its projects responsibly.
Governance: Applying regulatory systems and procedures to ensure integrity, transparency, and effective oversight.
Excellence: Executing work with the highest standards of quality and professionalism.
Half Section
1. Endowment Sustainability: Preserving and developing endowment assets through safe and diverse investments, in a way that achieves the continuity of charitable goals.
2. Maximizing social benefit: Allocating a large portion of endowment revenues to charitable banks that serve the Muslim community in Kuwait and abroad.
3. Achieving transparency and financial control: Establishing an internal control system that ensures the proper management of endowment funds and financial resources in accordance with sound accounting standards.
4. Developing executive management: Forming and managing the Board of Directors efficiently and effectively, and training members to ensure continuity of work in accordance with agreed standards.
5. Achieving sustainable economic development: Investing endowment funds in projects that ensure the growth of financial assets, while ensuring the reduction of risks and the expansion of the investment base..
A globally leading endowment with profound impact and great benefit, making a meaningful difference in reality and across the Muslim community
A global endowment model that achieves sustainability and growth by investing its diverse assets to support the development of Muslim communities and maximize positive impact, in accordance with Sharia and administrative principles, while adopting best modern practices and governance standards.
1. Endowment Sustainability: Preserving and developing endowment assets through safe and diverse investments, in a way that achieves the continuity of charitable goals.
2. Maximizing social benefit: Allocating a large portion of endowment revenues to charitable banks that serve the Muslim community in Kuwait and abroad.
3. Achieving transparency and financial control: Establishing an internal control system that ensures the proper management of endowment funds and financial resources in accordance with sound accounting standards.
4. Developing executive management: Forming and managing the Board of Directors efficiently and effectively, and training members to ensure continuity of work in accordance with agreed standards.
5. Achieving sustainable economic development: Investing endowment funds in projects that ensure the growth of financial assets, while ensuring the reduction of risks and the expansion of the investment base.
Sincerity: Devoting work sincerely to Allah and maintaining a genuine intention to fulfill the founder’s vision.
Responsibility: Upholding the trust in managing the endowment’s assets and implementing its projects responsibly.
Governance: Applying regulatory systems and procedures to ensure integrity, transparency, and effective oversight.
Excellence: Executing work with the highest standards of quality and professionalism.