Services

Endowments and Wills Legal Services:

The non-profit sector in the Kingdom has become a fundamental driver of development, so at Nova Legal, we pay special attention to endowments as one form of corporate social responsibility. We provide the necessary Sharia and legal studies for establishing endowment entities and managing wills professionally, to ensure the continuity of their impact and growth in achieving the objectives of the endowers.

Services and Tasks in this Field

Providing specialized Sharia and regulatory consultations in the field of wills and endowments.

Establishing endowment companies regulatory and procedurally, including drafting establishment contracts and organizing regulations.

Creating innovative endowment forms for endowers and offering expenditure packages compatible with updated endowment mechanisms.

Providing innovative solution packages for financially and administratively troubled endowments to ensure their sustainability.

Completing all endowment and will procedures and notarizing them before courts and notaries public.

Providing a competencies guide for endowment administrators to help them manage and develop endowments efficiently.

Supervising the implementation of endower conditions regarding investment returns and their Sharia-compliant expenditures.

Preparing comprehensive regulatory and research studies on endowment entities and the non-profit sector.

Drafting contracts and partnership agreements related to the non-profit sector and legally reviewing them.

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