Endowments & charitable wills
Endowment & wills management system
Siyaq is a complete system for endowment foundations and charities: register donors, document endowed assets, calculate returns, distribute to beneficiaries, and issue required Sharia and financial reports.
What does Siyaq offer for endowments?
- Donor registry: File per donor, endowment conditions, beneficiary entity, endowment dates.
- Endowed assets: Real estate, land, investments, shares, cash — with Sharia documentation.
- Revenue tracking: Income per asset, expenses, net revenue, distribution to beneficiaries.
- Beneficiaries: Registry of individuals and entities, distribution shares, eligibility conditions.
- Sharia reports: Annual report, Sharia audit report, court disclosures.
- Donor notifications: Annual returns reminders, expenditure reports, donor certificates.