In alignment with government policies, a special company has been established to construct waqf properties across the Maldives, as well as to develop and maintain mosques to fund religious activities.

According to the President's Office, the newly formed company, named "Maldives Awqaf Investments Limited" was created to construct, repair, and maintain waqf buildings across various regions of the country.

The office further stated that the company is specifically aimed at undertaking all construction, renovation, and restoration work for mosques across the Maldives.

The President's Office noted that the company will also spearhead efforts to establish all necessary facilities and developmental upgrades for mosques.

In addition, the President's Office stated that the company will undertake all necessary measures to sustainably operate commercial and business activities permitted under Islamic Shariah.