The initiatives and/ or projects identified by the waqf recipient/ administrator (mutawalli) include, but are not limited to, those that benefit the social welfare of a community. Examples of such initiatives include the establishment of schools, mosques, hospitals, and orphanages that help alleviate poverty and foster community growth.
For more information on REIT and ETF products and Guidelines on Islamic Capital Market Products and Services, please visit the following links:
A detailed FAQ on general REIT product
A detailed FAQ on general ETF product
Guidelines on Islamic Capital Market Products and Services
Frequently Asked Questions – Guidelines on Islamic Capital Market Products And Services