Taibah Knowledge Endowment Fund
The fund aims to enhance the endowment assets, investing them, and protecting them from extinction in a way that achieves the principle of social responsibility to finance the endowment expenses . The fund manager receives the subscription amounts from the subscribers (endowers) and invests them with the aim of achieving growth in the endowment capital. A percentage of the achieved returns (the endowment yield) is distributed periodically to the endowment as dividends to finance the endowments programs, projects, and operational expenses.