Petra - First to know

Amman
Amman
13°C
Dark Mode Light Mode
rows
العربية

Amman

Amman

13°C

  • Search
  • News Archive
  • Week’s News
  • Sitemap
وكالة الانباء الاردنية
وكالة الانباء الاردنية
AR
  • General Bulletin
  • Business & Economy
  • Local News
  • Governorates
  • World News
  • Photo Albums
  • About Petra
    1. News Archive
    2. Week’s News
    3. Sitemap
| rows
Preparing print…

Business & Economy

  1. Home Page
  2. Business & Economy
  3. Economic, Social Council: 10,475 Charitable Endowments Worth Over JD1 Billion

Economic, Social Council: 10,475 Charitable Endowments Worth Over JD1 Billion

09/02/2026 | 11:34:19

  • site.twitter
  • site.copy
  • site.share
  • site.print
  • site.TextAa
  • site.TextAa
Economic, Social Council: 10,475 Charitable Endowments Worth Over JD1 Billion

Amman, Feb. 9 (Petra) -- Jordan has hosted more than 10,475 charitable endowments (waqf), with a total estimated value exceeding JD1 billion, according to a study conducted by the Economic and Social Council. The study underscored the untapped potential of waqf to contribute to sustainable development across the Kingdom.

Titled "The Role of Charitable Endowment in Contributing to Sustainable Development in the Kingdom – Opportunities and Challenges," the report indicated that most waqf in Jordan have focused on religious buildings, particularly mosques, as well as a number of schools, two hospitals, and four health centers. It also revealed the existence of several underutilized waqf lands and properties.

The study, prepared with contributions from experts and discussed during a dialogue session attended by the Minister of Awqaf, Islamic Affairs and Holy Sites, along with scholars, specialists, and legal experts, emphasized the opportunity to expand the role of waqf beyond mosque construction into broader development sectors such as education, healthcare, and community support.

Mousa Shteiwi, President of the Economic and Social Council, said in a statement on Monday that the study aimed to shed light on the state of waqf in Jordan and explore its potential to support diverse development initiatives. He noted that the Islamic waqf system, with its deep historical roots and values of social solidarity and integration, has provided a framework to address national development challenges.

The report highlighted the potential to enhance the investment dimension of waqf, pointing out that activities largely focused on mosque construction and maintenance have accounted for 64 percent of endowed lands.

Among the key recommendations, the study called for the development of a national strategy for waqf, integrating development priorities such as education, healthcare, and social welfare. It suggested conducting comprehensive research to examine the economic and social impacts of waqf, adopting best practices from other countries, and clearly defining the developmental role of charitable endowments.

The study also recommended aligning waqf planning with national economic and social programs, launching a "Waqf Atlas Project" to map endowments and establish a guide for endowers, and designing awareness campaigns to encourage citizens and endowers to establish schools, hospitals, and other waqf projects.

Furthermore, the report emphasized the importance of reviving national initiatives in education and health waqf, creating waqf funds to invest in specific sectors, managing waqf schools and hospitals, supporting persons with disabilities, and backing micro, small, and medium enterprises.

It also encouraged harmonizing different religious interpretations regarding waqf conditions, activating media campaigns to raise public awareness, and reviewing the 2012 Waqf Sukuk Law and its regulations to maximize the benefits of these instruments.

//Petra//WH

  • site.twitter
  • site.copy
  • site.share
  • site.print
  • site.TextAa
  • site.TextAa

Topics:

  • Business & Economy

Live News Feed

Cold weather, light rain expected Thursday; wind, dust warnings issued

25/02/2026 | 23:46:12

Israel kills Palestinian; wounds several in central Gaza

25/02/2026 | 22:52:45

Gaza patients return home after completing treatment in Jordan

25/02/2026 | 22:04:24

Foreign Minister, UN Secretary-General discuss cooperation

25/02/2026 | 21:43:13

Health minister says Jordan committed to partnership with WHO

25/02/2026 | 20:42:53

Princess Basma delivers aid as part of Charity and Benevolence Campaign in Zarqa

25/02/2026 | 20:11:31

More Of Business & Economy

Pundits: Expanding social security coverage key to financial sustainability

Pundits: Expanding social security coverage key to financial sustainability

25/02/2026 | 16:41:36
Tamarind, a staple beverage to break Ramadan fast

Tamarind, a staple beverage to break Ramadan fast

25/02/2026 | 15:33:21
ASE Turnover Hits JD8.4 Mln, Index Down

ASE Turnover Hits JD8.4 Mln, Index Down

25/02/2026 | 15:16:20

ELEVATE Project Launches to Train Youth on Culinary, Hospitality Skills in Jerash, Madaba

25/02/2026 | 15:11:53

Jordan's DETEX 2026 to Draw 'Record' Global Participation-JCI

25/02/2026 | 15:06:33

Jordan's exports up by over 9% last year under the national strategy's 1st phase-Trade Ministry

25/02/2026 | 14:29:08

ASE Trades JD14.3M, Down 0.61%

24/02/2026 | 14:34:47

Jordan–EU Investment Conference Set for April 21 at Dead Sea

24/02/2026 | 13:08:54
  • Need a little help?

    To adjust this website for your accessibility needs, select one or more options below.

    Invert Colors
    Invert Colors
    Invert Colors Invert Colors
    Dark Contrast Dark Contrast
    Desaturated Desaturated
    Highlight Links Highlight Links
    Highlight Links Highlight Links
    Text Spacing Text Spacing
    Light Spacing Light Spacing
    Moderate Spacing Moderate Spacing
    Heavy Spacing Heavy Spacing
    Font Size Font Size
    site.INCREASE_FONT_SIZE A
    site.INCREASE_FONT_SIZE A+
    site.INCREASE_FONT_SIZE A++
    site.FONT_TYPE Font Type
    Dyslexia Friendly Dyslexia Friendly
    Legible Font Legible Font
    Reading Reading
    Big Cursor Big Cursor
    ٍReading Cursor ٍReading Cursor
    Reading Guide Reading Guide
    Line Height Line Height
    Line Height (0.75) Line Height (0.75)
    Line Height (1.75) Line Height (1.75)
    Line Height (2) Line Height (2)
    Text Align Text Align
    Align Right Align Right
    Align Left Align Left
    Align Center Align Center
    Justify Text Justify Text
    Reset All
    site.ACCESSIBILITY_TOOL
  • rows
  • rows
  • rows
footer
footer
footer
Sanad Your service is our duty The right to obtain information Invest in Jordan footer-second-row-images-en Amman Message
  1. Sanad

  2. Your service is our duty

  3. The right to obtain information

  4. Invest in Jordan

  5. Amman Message

Main

  • Business & Economy
  • Local News
  • Governorates
  • World News
  • Photo Albums

About Petra

About Jordan

  • Official website of the Royal Hashemite Court
  • Official website of His Majesty King Abdullah II
  • Official website of His Royal Highness Crown Prince Al Hussein bin Abdullah II
  • Official website of Her Majesty Queen Rania Al Abdullah
  • Useful Link

Contact us

  • Phone

    +962 (6) 5609700
  • Fax:

    +962 (6) 5682493
  • PO BOX:

    6845 Amman 11118
  • Email:

    petra@petra.gov.jo
  • Address:

     Jamal Abdel-Naser Circle
  • rows

Download Application

  • Supports Internet Explorer 10+, Google Chrome, Firefox, Safari
  • This website is best viewed on a 768 x 1366 screen
  • Program required for browsing: Adobe Reader
  • Privacy Policy
  • Copyright
  • Terms of Use
  • Disclaimer
  • Cookies

All rights protected by - Petra News Agency 1997 - 2026 © Developed by dot.jo