About Waqf Alkawthar
The Al-Kawthar Charity Endowment
The Mohammed Saleh Al-Khuna Third 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
To be the leading model in managing endowments and preserving their funds in a way that ensures their sustainability and serves the interests of the Muslim community..
Message
Establishing a permanent endowment for the sake of God Almighty, based on directing a portion of the endower’s funds to support charitable expenditures, while ensuring the continuity of the endowment by investing its assets in accordance with legal and administrative controls that achieve the interest of the endowment and serve the Islamic community..
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.
This vision and mission embody the values on which the endowment is based in its work and objectives that aim to achieve good and the public interest.
Values
1. Integrity and Transparency: Dealing honestly and transparently in managing the endowment, in a way that preserves the rights of beneficiaries and enhances the trust of the community.
2. Commitment to Islamic Sharia: All activities and investments are carried out in accordance with Sharia.
3. Sustainability: Preserving the assets of the endowment and ensuring their continuity and development in a way that achieves the objectives of the endowment in the long term.
4. Justice and Equality: Distributing resources fairly among beneficiaries and according to priorities that achieve the greatest impact.
5. Social Responsibility: Commitment to charitable work and caring for needy groups inside and outside Kuwait.
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.
This vision and mission embody the values on which the endowment is based in its work and objectives that aim to achieve good and the public interest.
To be the leading model in managing endowments and preserving their funds in a way that ensures their sustainability and serves the interests of the Muslim community.
Establishing a permanent endowment for the sake of God Almighty, based on directing a portion of the endower’s funds to support charitable expenditures, while ensuring the continuity of the endowment by investing its assets in accordance with legal and administrative controls that achieve the interest of the endowment and serve the Islamic community.
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.
This vision and mission embody the values on which the endowment is based in its work and objectives that aim to achieve good and the public interest
1. Integrity and Transparency: Dealing honestly and transparently in managing the endowment, in a way that preserves the rights of beneficiaries and enhances the trust of the community.
2. Commitment to Islamic Sharia: All activities and investments are carried out in accordance with Sharia.
3. Sustainability: Preserving the assets of the endowment and ensuring their continuity and development in a way that achieves the objectives of the endowment in the long term.
4. Justice and Equality: Distributing resources fairly among beneficiaries and according to priorities that achieve the greatest impact.
5. Social Responsibility: Commitment to charitable work and caring for needy groups inside and outside Kuwait.