Corporate Governance Sector
Designing and implementing governance frameworks for family-owned businesses, listed companies, and government-shareholding institutions, aligned with leading international standards.
Specialized Sectors
Endowments and Charitable Organizations
The endowment and charitable work sector is a cornerstone of social development with a distinctive legal nature, where religious, social, and regulatory considerations intersect. Legal challenges in this field include managing endowment funds, safeguarding endowed assets, ensuring proper use of proceeds, and regulating charitable associations in a manner that ensures transparency, legitimacy, and compliance with directives issued by state oversight authorities.
At B&Co, we place special emphasis on this sector, recognizing the level of legal responsibility and the importance of safeguarding the public interest. We offer our services to donors (waqifs), endowment entities, charitable organizations, and nonprofit initiatives, focusing on the legitimacy of their establishment and administration, and the protection of endowed assets.
Services
Scope of services
Our scope of services in this sector includes, but is not limited to:
- Drafting endowment deeds (waqf instruments) in accordance with Sharia and applicable regulations in the Sultanate of Oman.
- Registering endowments with the relevant authorities and structuring their legal and administrative frameworks.
- Providing legal advice on investing endowment funds and managing their proceeds.
- Litigating disputes related to proving endowments, misconduct by custodians (nazirs), or alteration of the donor’s conditions.
- Legal support in establishing charitable societies and nonprofit foundations.
- Preparing internal regulations for associations and supervising statutory amendments.
- Liaising with regulatory authorities such as the Ministry of Social Development and the Charitable Work Regulation Authority.
- Advising on donations, grants, and activities serving the public benefit.
Related sectors
Investment and Entrepreneurship
Intelligent legal structures for startups and SMEs that safeguard rights and mitigate future risks, with tailored counsel for investors in funds.
Compliance and Anti-Money Laundering (AML)
Robust compliance frameworks for regulated entities, with tailored due diligence, risk management, and training that protect against sanctions and penalties.
