Beyond Consulting was contracted by Itmam Consulting to conduct a comprehensive and in-depth analysis of the Awqaf sector in the Kingdom of Saudi Arabia, with a particular focus on the “nazarah” model—examining its regulatory framework, prevailing conditions, key challenges, and areas for improvement. The project encompassed extensive stakeholder engagement through two national workshops attended by over 80 participants, as well as international benchmarking across 10 countries. In addition, the team conducted consultations with more than 30 national and global experts to inform the development of enhanced models for “nazarah” that align with global best practices and support the sector’s long-term sustainability and impact.