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Egypt Ministry of Endowments approves educational and health endowments
The Egyptian Ministry of Endowments has confirmed the legitimacy of establishing educational and health endowments. This decision follows a call from President Abdel Fattah al-Sisi to create a reliable and institutional legal framework to encourage such endowments.
The Ministry stated that the concept of endowment (waqf) is not limited to mosques or traditional forms of charity. Instead, it extends to all forms of public benefit, including the dissemination of knowledge, supporting students, establishing educational institutions, funding scientific research, and building hospitals or medical centers to provide healthcare for those in need.
According to the Ministry, these endowments aim to transform charitable acts from immediate donations into sustainable resources that contribute to human development and long-term social impact.