Decision of the Governing Board Meeting in Amendment to the Articles of Association Regarding Activities for Waqf Foundations

Abstract

The purpose of this paper is to analyze the provisions of the quorum of the supervisor's meeting in terms of amendments to the Articles of Association regarding activities for foundations whose assets come from waqf, hereinafter referred to as waqf foundations. As well as the importance of implementing the principles of transparency, accountability and publicity for foundation organs. The supervisor in organizing the agenda for the supervisor's meeting must meet the quorum of attendance and the quorum of valid decisions stipulated in the Articles of Association and the Foundation Law. In practice, foundation coaches act deviantly by making changes to the articles of association of foundation activities that are not in accordance with the applicable legal rules. The importance of implementing the principles of the foundation to the organs of the foundation in order to maintain the alignment of the aims and objectives of the foundation. The approach method in this research is normative legal research and is supported by secondary materials related to research. Amendments to the articles of association of foundations are allowed in accordance with the provisions contained in Article 17 of the Foundation Law and Article 21 of the Foundation Law in accordance with the applicable provisions regarding changes to the articles of association of foundation activities by submitting approval to the Minister. In the amendment to the articles of association of the foundation, it must be noted that the field of activity of the foundation should not be carried out deviating from its aims and objectives.