The project is to establish a rehabilitation and training center for the endowment sector. The project provides special training for endowment institutions by providing a set of trainings that the endowment sector needs, so that the training is on the jurisprudential and foundational aspect, and the administrative and developmental aspect of endowments.
The project is to establish a rehabilitation and training center for the endowment sector, where the project provides special training for endowment institutions by providing a set of trainings needed by the endowment sector, so that the training is on the jurisprudential and foundational aspect, the administrative and developmental aspect of endowments, and the charitable investment aspect by knowing how to plan and distribute endowment revenues, in addition to the investment development aspect of endowment assets for commercial and investment establishments, by providing a set of specialized diplomas and qualification courses that help develop endowment institutions, provided that they include specialized diplomas (comprehensive diploma in endowment management – diploma in the principles of endowment jurisprudence and its provisions – specialized diploma in endowment marketing and market study – diploma in managing endowment investment portfolios and risk assessment). The courses include qualification courses (contracts and endowment systems – developing the administrative skills of endowment supervisors – modern technology endowment management – investment in real estate endowments – specialized electronic courses (distance learning)), in order to help endowment institutions grow and develop through a set of courses And the rehabilitation training that will be provided by the Waqf Sector Rehabilitation and Training Center project.
The service sector does not rely on raw materials or goods for sale; rather, its activities are centered around providing intangible services. Like this: Transportation services, hospitality services, healthcare services, and others. This sector is considered the main driver of major economies; for example, in the United States, the service sector accounts for 85% of the GDP. As for the service sector in Saudi Arabia, statistics and indicators confirm its contribution of about 48.02% to the GDP. This vital sector includes five main activities.
Namely:
The Gross Domestic Product (GDP) in Saudi Arabia reached 2,625,442 million SAR, with the “Wholesale and retail trade, restaurants, and hotels” sector contributing approximately 10.8% (284,579 million SAR).
Contributes approximately 6.6% (172,304 million SAR).
The Financial, Insurance, Real Estate, and Business Services sector contributes approximately 6.4% (SAR 377,725 million) to the Gross Domestic Product (GDP).
This sector contributes approximately 2.5% (SAR 65,729 million) to the Gross Domestic Product (GDP).
It contributes 21.9% (SAR 576,089 million) to the Gross Domestic Product (GDP).
