IIROSA to build six endowment projects in Makkah
Muhammad Al-Sulami | Arab News
Available at: http://arabnews.com/?page=1§ion=0&article=131018&d=11&m=1&y=2010
JEDDAH: The International Islamic Relief Organization-Saudi Arabia (IIROSA) is to launch six Waqf (endowment) projects in Makkah at a cost of over SR470 million with annual returns of about SR45 million which will be used to finance the organization’s relief and development projects.
IIROSA Secretary-General Adnan Khalil Basha told a press conference on Sunday that the organization has already, through the help of a number of philanthropists, purchased the lands on which the endowments will be constructed.