Egypt's Sisi orders studies to maximize assets, investment returns for religious endowments ministry

MENA , Saturday 18 May 2019

President Sisi and Gomaa
President El-Sisi during his meeting with PM Madbouly and Minister of Religious Endowments Mokhtar Gomaa (R) (Photo courtesy of Presidential Spokesperson)

President Abdel-Fattah El-Sisi on Saturday ordered further studies to be conducted to maximize religious endowment (Waqf) assets and investment returns.

Meeting Prime Minister Mostafa Madbouly and the Minister of Religious Endowments (Awqaf) Mohamed Mokhtar Gomaa, the president said such studied should be made in cooperation experts and specialists taking into account the legal and sharia controls, presidential spokesman Bassam Rady said in a statement.

The meeting also reviewed efforts made by the ministry in the fields of advocacy, translation, publishing, training imams, especially regarding to correct misconceptions and spread the jurisprudence of state building and patriotic character.

Activities of the Ministry of Religious Endowments in the service of the community were also reviewed.

El-Sisi tasked the ministry with maximizing specialized training programs for imams, expanding translation and publishing projects and developing the sacrifice vouchers (Adahi Sukuk) project.

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