Endowments & Non-Profit Sector
Alpha & Capital Partners provides specialized legal services in the endowments (Awqaf) and non-profit sector, in accordance with the principles of Islamic Sharia and the laws and regulations in force in the Kingdom of Saudi Arabia. Our team delivers integrated legal solutions for endowment and non-profit entities, enhancing governance, elevating compliance levels, supporting institutional sustainability, and contributing to the objectives of Saudi Vision 2030. Our team possesses broad experience in providing legal advisory to endowment and non-profit entities across various stages of establishment, structuring, and operation, ensuring their activities align with statutory requirements and best institutional practices.
Our Services in the Endowments & Non-Profit Sector
- Providing legal advisory concerning endowments, the non-profit sector, and the laws governing them.
- Drafting and structuring endowment deeds (Waqf documents) in compliance with Islamic Sharia provisions, the founders' (Waqifs') conditions, and relevant regulations.
- Establishing associations, civil foundations, endowment institutions, and non-profit entities, and completing all necessary statutory procedures.
- Providing legal advisory regarding the establishment of endowment investment funds and portfolios, and selecting the appropriate legal structure for them.
- Drafting and reviewing articles of association, bylaws, internal regulations, and governance policies for endowment and non-profit entities.
- Drafting policies, procedures, organizational manuals, and institutional compliance frameworks.
- Providing legal advisory concerning endowment governance, Waqf asset management, and investment sustainability.
- Restructuring endowment and non-profit entities, and addressing their legal and regulatory challenges.
- Providing legal solutions to resolve distressed endowments and structuring the investment of Waqf assets to achieve sustainability and preserve the purposes of the endowment.
- Providing legal opinions and advisory concerning investments, contracts, and transactions specific to endowment and non-profit entities.
- Providing secretariat services for boards of trustees (Nazzar), boards of directors, and their sub-committees, while legally supporting their activities.
- Representing endowment and non-profit entities before courts, government authorities, regulatory bodies, and competent committees.
Our team is committed to delivering innovative legal solutions that enhance governance and compliance, grow endowment assets, and support the sustainability of non-profit entities, enabling them to achieve their developmental missions and objectives in accordance with the highest professional standards and in full alignment with the laws and regulations in force in the Kingdom of Saudi Arabia.