The Waqf Gold Portfolio is an investment portfolio that involves purchasing gold and trading it in accordance with Islamic Sharia principles, considering it as a precious metal and a store of value, and a safe haven for investment. This is achieved through the opening of a specialized gold trading store in Istanbul, with its proceeds dedicated to achieving sustainable development goals in Yemen under the vision of the Oweis Al-Qarni Endowment for Programs and Paths of Civilizational Advancement.

Where are the returns of the Waqf Portfolio spent?

70% of the portfolio’s proceeds are allocated to covering the costs of the following civilizational advancement programs and paths:

• Nurturing and preparing talented and distinguished individuals as future leaders.
• Developing administrative and societal leadership, enhancing their professional and skill capacities.
• Enhancing the performance of governmental and non-governmental institutions.
• Promoting societal awareness and reshaping public opinion to reinforce a unified national identity.

30% of the returns are allocated to the development and growth of the investment portfolio and its operation.