The reality of the waqf in financing education in the Sultanate of Oman and its challenges
DOI:
https://doi.org/10.53671/pturj.v10i2.336Corresponding Author :
Ahmed ALHadhramiKeywords:
Educational endowment, education financing, challengesAbstract
The study aimed to identify the reality of the endowment in financing education in the Sultanate of Oman and its challenges, and the study relied on the descriptive analytical approach, and the method of content analysis, and after analyzing data and information, the study revealed a number of results, the most prominent of which were: The reality of the endowment is one of the charitable resources that increase society interdependence It also clarified that it is not confined to a single resource, but rather its resources are multiple, and therefore the endowed money is not limited to individuals, but charitable institutions benefit from the proceeds of the endowments. A group of endowment funds that are used to finance education, including the Waqf of the Al-Lawati tribe, for example, and the results were reviewed The challenges facing the endowment in general and the educational endowment in particular, the challenges facing the endowment in general were represented in the community’s lack of knowledge of the endowment and its importance and role in serving the community, as well as the affluent’s decision to allocate part of their property as a charitable endowment that serves the various facilities of the community, and the challenges facing the educational endowment It is the multiplicity of different educational fields, and spending on education is one of the largest types of spending that countries bear. The study recommends the adoption of a national strategy by the Government of the Sultanate of Oman on the use of the endowment to finance insolvent students to enroll in higher education for various disciplines.
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