What is the difference between the founders of the fund and others who share money in it (document holders) by purchasing its documents?

All parties invest their funds and the return is directed to serve the charitable and social purposes specified in the fund’s prospectus, the difference is that the founders must put the capital, which is 2% of the fund’s funds, and not less than EGP 5 million. That is, the minimum amount (EGP 5 mn) is sufficient to reach the issuance of documents up to EGP 250.000.000 The founders are also the ones who choose the Board of Directors of the Fund and form the General Assembly of the Fund annually to approve the auditor’s report and financial statements and to elect the Board of Directors.

Subscription to investment documents is considered an acceptance by the subscriber (document holder) of the Fund’s Articles of Association and what is stated in the prospectus, especially the restriction of the distribution of profits and returns resulting from the Fund’s investments until its expiry to spending on social or charitable purposes, through associations or civil institutions publicized, government agencies or bodies supervised or affiliated with them related to charitable activities, and the approval of the subscriber to form and join the group of document holders.