Abstract

The Authority for Management and Investment of Awqaf Funds is the body responsible for endowments, and the importance of the authority appears because it is the body responsible for managing and investing endowment funds because of the important and effective role of endowments in the development and development of societies and the provision of services to individuals in various fields, because the endowment is the main funder of various facilities, including education, health and institutions The other, and perhaps the witness to this is the many lofty institutions and utilities that have arisen under the auspices of the endowment system, and have continued to this day to fulfill their duties in full and undiminished, and to awaken the resolve and determination for an awakening that will restore the Islamic nation to its ancient glory.Although the endowment system has witnessed some decline and stagnation during the colonial era that overshadowed some Arab countries، during which most of the endowment’s properties and achievements almost disappeared into oblivion، but in recent times it has witnessed a serious trend by many Arab countries and Islamic societies، aimed at To revive this institution and activate its social and economic role، including Iraq.Therefore, countries paid attention to endowments and established institutions specialized in managing endowments and subjecting them to control, which is one of the most important components of the administrative organization in all institutions, as it provides protection for endowment resources from waste, loss and misuse by providing accurate and reliable financial data, which contributes to raising operating efficiency as well as adherence to laws. And regulations and instructions.There are many forms of this oversight. This oversight may be internal, i.e. from within the administrative institution, and thus is considered the first line of defense that protects the intended interests.It may be external, through political oversight of the work of the administration, represented by the parliament, and the oversight of public opinion over administrative work. Specialized bodies authorized by law may exercise the right to monitor business Administrative work is considered an important and effective control in the face of management deviation in its work.