Consultancy for International Research – SDGs and Awqaf – Riyadh – Home Based

Project Description 

Awqaf – Islamic endowments – have been a central form of social finance in the Kingdom of Saudi Arabia (KSA) for centuries. Awqaf have been used to fund, on a perpetual basis, institutions and projects that support poverty alleviation, education, health care, and numerous other social objectives.

The United Nations Resident Coordinator’s Office (UNRCO) in Saudi Arabia and the Islamic Corporation for the Development of the Private Sector (ICD) have identified Awqaf as an important source of sustainable financing for the National Transformation Plan (NTP) and the Sustainable Development Goals (SDGs).  In partnership, UNRCO and ICD envision undertaking a strategic study on the potential of Awqaf in the KSA for SDG financing.

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