TS-AWM-07
Trust & Stewardship
Asset & Waqf Management
CORE
Excellence
v2.9.7
Endowment ESG & Sharīʿah screening review annually
Assesses whether the organization conducts an annual, look‑through review of all endowment holdings against defined Sharīʿah and ESG screening criteria, with quarterly monitoring for breaches. The goal is zero high‑risk assets held at the reporting date, or a managed remediation plan for illiquid exceptions. High‑risk means holdings that (a) breach Sharīʿah sector/ratio screens (e.g., AAOIFI SS 21) or (b) meet the charity’s excluded ESG sectors or severe controversy thresholds.
UK Charity Law
- Trustee Act 2000 (ss. 1, 3-5 (Duty of care, review))
- Butler-Sloss v Charity Commission [2022] (Ethical investment case law)
- CC14: Investment matters (Sec 2, 6–8)
- Charity Governance Code (Integrity & Decision Making)
- Charities SORP (FRS 102) (Investment Disclosures)
AAOIFI Standards
- GS 2 — Shari’ah Review
- GS 5 — Internal Shari’ah Audit
ISO Standards
- ISO 37301 — Compliance Management (Clauses 8.1, 9.1-9.3)
Other Regulatory
Discussion (1)
Administrator
2026-03-07 11:07:37.273322
📋 **Version updated: 1.0.0 → 2.9.7** **Changes:** Updated islamic_references from mizan-297.json
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