Page 19 - MFNCA PR REPORT - MAY 2025

The council also stressed standardising waqf procedures nationwide, especially concerning
mosque construction. This aims to improve management and ensure long-term sustainability
within the endowment system. A comprehensive geographic map for distributing Waqf resources
was recommended to secure sustainability.

The FNC proposed expanding investment domains for endowments to contribute more effectively
to social development and family stability. By broadening these investment areas, endowments can
better support societal needs while maintaining their sustainability over time.

Overall, these discussions and recommendations aim to enhance the effectiveness of waqf and
Zakat funds in promoting societal welfare. By implementing these strategies, the FNC seeks to
ensure that these resources are managed efficiently for long-term benefits.

https://www.onearabia.me/business/diversifying-zakat-distribution-mechanisms-waqf-
investment-areas-011-108635.html