Types of Endowed Funds and Their Impact on Investment

Abstract

This study aims to clarify the types of endowed funds and reveal their impact on investment, through a detailed presentation of the endowed funds and their types, and to identify the types that have the most impact on investment, as endowed funds differ in terms of their type depending on the endowed thing itself; the endowed money may be movable or real estate or moral rights. Also, it may be sorted separately, or it may be rumored. Each type of endowed money has conditions for endowing it. Therefore, these conditions sometimes affect the investment of that endowed money. In order to analyze this problem, the descriptive and inductive approach was adopted, and content analysis was based on getting deeper into the topic. The research reached several results, the most important of which is the division and divergence of Muslim jurists’ opinion on the endowment of movable property, which had no evidence on endowing it. Thus some of them did not allow the endowment of movables, which had a significant impact on investment. According to the recommendations, the most prominent of which is the necessity of managing endowed funds using one of the modern management methods, and also taking advantage of contemporary methods in how to invest money generally, in a manner that does not conflict with the condition of the endower.