Former Hajj Corporation Managing Director Yameen Idrees has been appointed Managing Director at the newly established Maldives Awqaf Investments Limited.
The Privatization and Corporatization Board announced appointments to the posts of Chairperson, Managing Director and board of Awqaf Investments today.
Board of Directors at Awqaf Investments
- Chairperson: Sheikh Izzudeen Adnan (Head of Zakat House)
- Managing Director: Yameen Idrees (Former MD at Hajj Corporation, Member of Pension Office)
- Hussain Shaam Adam, Yaagoothuge, N. Fohdhoo (State Minister at Finance Ministry)
- Dr. Mohamed Shujau, Ma. Baraka, Male'
- Mariyam Nihayath, Velagalaa, GDh. Thinadhoo
- Abdulla Ali, Meenaaz, R. Kan'dholhudhoo
- Mohamed Hilmy, Saimaage, HDh. Vaikaradhoo
Awqaf Investments was established by President Dr Mohamed Muizzu last September to develop and manage waqf properties and mosques and to generate sustainable, long-term funding for religious affairs through Shariah compliant commercial and investment activities.
The current government has announced that several Waqf buildings will be developed across the atolls.
The first Waqf Building established in the Maldives is the 'Dhaar-ul-Eeman', located next to Maafannu Madhrasa in capital Male'. Last month, RCC began work on developing the second such building, 'Dhaar-ul-Salam'.
Waqf buildings are also planned for HDh. Kulhudhuffushi, GDh. Thinadhoo and Addu City.
