Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:03:01that comes after
00:03:06a valley; this is part of we apply this to
00:03:56requires a strategic vision and advanced
00:04:00tools that keep pace with the times to ensure
00:04:02the sustainability of giving and the development of endowment resources.
00:04:06Sincere, wise management
00:04:08based on knowledge will undoubtedly lead
00:04:13when it's autumn, to improving management efficiency,
00:04:15who are keen enhancing transparency, and achieving a balance between increasing returns
00:04:19and reducing
00:04:21Come to risks, so that the endowment becomes not just a means for charity, but
00:04:25a sustainable model for productivity
00:04:27and innovation. It is a qualitative step towards
00:04:31a brighter future for endowments, linking
00:04:34authentic values with modern tools
00:04:38Jibali language. In Arabic, I don't to achieve a lasting impact on society.
00:04:41We need investment managers who possess
00:04:45Come to insightful vision that combines deep knowledge
00:04:48of endowment principles and its Sharia rulings with practical
00:04:51experience in financial markets and investment.
00:04:56Come to Managers capable of foreseeing promising opportunities and developing strategies. They
00:05:00contribute to maximizing endowment returns while preserving
00:05:04their sustainability. They are not just decision-makers,
00:05:07but they are builders of the endowment's future,
00:05:11bearing on their shoulders the responsibility of transforming
00:05:14resources into development projects that leave a lasting
00:05:18positive impact on the lives of individuals
00:05:21and communities. The horizons of the future
00:05:24for endowment, frankly, must be
00:05:27up to the event and keeping pace with the event.
00:05:31And praise be to God, endowment managers,
00:05:36common parlance, are no longer dervishes.
00:05:40No, today, mashallah,
00:05:43endowment bodies in the Islamic and Arab world
00:05:46are taking on their responsibilities
00:05:49with the best competencies, without exaggeration. In every
00:05:52country, you find either holders of higher
00:05:56degrees, or engineering,
00:05:59or administrators, or accountants, from people
00:06:02who have experience in life and high education.
00:06:05This makes
00:06:08the future, God willing, safe
00:06:12and in trusted hands. They will choose what
00:06:15they deem to be the best for it. Endowment work
00:06:18in general, and the management of endowment investments
00:06:22in particular, must shift from individual
00:06:24work to institutional work, where
00:06:28the power of organization is manifested and efforts
00:06:31are integrated to achieve the greatest impact.
00:06:34Institutional work ensures the unification of visions and the setting
00:06:37of solid strategies managed by specialized
00:06:40minds and diverse experiences, away from
00:06:44limited individual efforts. It is a transition from
00:06:47randomness to planning, and from scattered efforts
00:06:51to integration. As an institutional
00:06:54person, I have worked for more than 25 years in the private
00:06:58sector. I love institutional, organized work.
00:07:01There are departments, there are boards
00:07:04of directors, there are executive committees, there are governmental
00:07:08bodies that are concerned with institutional,
00:07:11organizational work. Endowment institutions,
00:07:14endowment funds, and other governed
00:07:18institutions within this legislative framework
00:07:21and this legal administrative
00:07:23organized
00:07:26framework, a person can rest assured
00:07:30that his money and his endowments
00:07:33will be managed by governed institutions,
00:07:37institutions that truly care
00:07:40contrast, if the endowment work is based on an individual,
00:07:44then this work is individual
00:07:47work that ceases person,
00:07:51and these endowments may be mismanaged
00:07:54after this individual. Studies indicate that
00:07:58family businesses
00:08:01disappear after the third generation.
00:08:04This is because the founding father passed
00:08:07on his experience to his children, but the generation
00:08:13does not fully understand how to manage this institution. If
00:08:18endowments, we will find that there
00:08:21are great risks affecting these
00:08:24endowments that are managed by
00:08:27individuals. What about who will come after you and how
00:08:31will they manage and how will the situation be if
00:08:34Allah chooses you? However, if these endowments
00:08:38are managed by governed institutions that care about administrative
00:08:41and organizational work, the matter will naturally
00:08:45be different. There will be continuity
00:08:48and permanence until Allah inherits the earth and all
00:08:51that is on it, God willing. The endowment consultant is
00:08:54the compass that guides the path of endowments towards
00:08:57sustainability and effectiveness, especially in family
00:09:01endowment institutions, where family ties
00:09:04intertwine with developmental goals. He is the trustworthy
00:09:08guardian of the endowment's vision and the founders' message,
00:09:11working to unify family efforts
00:09:14within a solid institutional framework that ensures
00:09:17the continuity of giving across generations.
00:09:21Unfortunately, very often endowments
00:09:23are led by active individuals
00:09:27on the endowment and believe in its mission,
00:09:30but sometimes their
00:09:33voice is dominant over the voice of the others,
00:09:36so the others are not allowed to raise
00:09:39their inquiries, concerns, desires.
00:09:43Because of the strength of some voices, you find two or
00:09:46three voices overpowering the rest,
00:09:49and the endowment goes in a certain direction, and some
00:09:52matters are considered self-evident. After
00:09:55years, when the endowment falls into
00:09:58some mistakes, it looks back to the past and finds that it was making
00:10:02some decisions or some investment
00:10:04policies
00:10:07illogically or without documentation. Therefore,
00:10:10it is necessary for this consultant to communicate with all
00:10:14individuals separately, documenting
00:10:17their opinions, documenting their fears.
00:10:20Also, if this endowment originated from a family
00:10:24endowment, for example, documenting
00:10:28the inclinations of each one: what are the desired investments,
00:10:32what are the prohibited investments, what is
00:10:35acceptable. Sometimes there are
00:10:39real estate investment, there are families that have a huge capacity in maritime trade,
00:10:42there are families that have strength
00:10:45and experience in the field of gold or in the field
00:10:49of distribution, and so on. So it is necessary to know where
00:10:52the areas of strength and areas of weakness are. From
00:10:55here, the consultant can develop an investment
00:10:58policy and distribute assets
00:11:02into fixed portfolios such as real estate buildings, one building or
00:11:06two or three, according to the endowment, and it is logical
00:11:09that direct real estate investments
00:11:12should not exceed 20-30% of the endowment's
00:11:16assets. Then there should be indirect real estate investments
00:11:19through what are called liquid real
00:11:23estate investments, such as REITs and real
00:11:27estate company stocks, and so on. This whole thing, for example, could reach
00:11:3040% or 45% of the endowment's
00:11:33assets, on the basis that real estate is more
00:11:36stable, less volatile,
00:11:39closer to people's
00:11:42the older age stages. Then the other half should
00:11:46be distributed among
00:11:49the world: local stock assets, global stocks,
00:11:52local sukuk, global sukuk, alternative
00:11:57private equity. And it is better that
00:11:59all of them are managed by licensed investment
00:12:03managers. For example, the endowment
00:12:05issues
00:12:08a request for proposals to three or five well-known
00:12:12investment managers in the same country or in neighboring
00:12:15countries. I know some endowments,
00:12:18for example, deal with six or seven managers. And at the end
00:12:21of our episode today, we affirm that effective and current
00:12:25management of endowment investments is not just a financial
00:12:29process; it is an art that reflects the values of wise
00:12:33management, with an emphasis on enhancing returns
00:12:35and observing the principles of transparency
00:12:38and governance, so that endowments remain a source
00:12:42of growth and blessing. And just as
00:12:46the ancestors generously gave a balm from
00:12:50their endowment, they immortalized themselves with the best
00:17:15The book is clear from its title. Today, I am in Dhofar Governorate, specifically in
00:17:19the Wilayat of Dhalkut, and in the mountains of
00:17:21Sarfait, sweet and beautiful stories about the mountains
00:17:25and livestock, about self-sufficiency, about the life
00:17:29place.
00:17:38Peace be upon you.
00:17:41Okay.
00:17:43Welcome. The honor is ours, and you have brightened our day. May God grant you long life.
00:17:46No, welcome. By God,
00:17:49it's because of your goodness.
00:17:54From your side, let's start. How is
00:17:58the Wilayat of Dhalkut? By God, the Wilayat of Dhalkut is fine, praise be to God, and Sarfait and all
00:18:01the people are comfortable, praise be to God. Praise be to God, and everyone is fine and comfortable, praise be to God. I'd like to sit with you and chat about
00:18:05life in this beautiful place. We
00:18:07are in the southernmost part of the Sultanate of Oman, and we want
00:18:11to know about life here, the topography of the mountains
00:18:14and details. Mohammed, you came to me at an awkward time. In fact,
00:18:18I met you while I was herding
00:18:21cattle in these thickets. On the contrary, you are always dressed up and a ready
00:18:24person. We took our animals to these thickets, and now we are used to coming back
00:18:28and we found you, and it's an honor for us. Praise be to God. Welcome.
00:18:32May God grant you long life. Please, uncle, please, please. May God bless you. Please, before me, before me. May God protect you,
00:18:36Lord. Welcome, welcome. Welcome.
00:18:39Is this a specific valley you have now in Sarfait? This is not
00:18:44the valley. Yes, it is not considered a valley. It is considered something
00:18:47like a branch of the valleys, but there are no valleys here.
00:18:51You mentioned to me, brother, about the valley.
00:18:54When you say part of a valley, we call
00:18:58it a wadi. We call this a wadi. A wadi from the wadis of the mountain. People
00:19:01call it a
00:19:04“sharjah”. You might be familiar with the term. I
00:19:07know what a wadi is, not a mountain path.
00:19:11Yes, it is not
00:19:12a valley.
00:19:20Do you have astronomical calculations? No, brother Mohammed, the astronomical
00:19:23calculations are available to you now. We
00:19:26calculate based on a calculation. There
00:19:30are two calculations here in Salalah. Yes, the people of Salalah
00:19:33calculate based on agriculture. Yes, the beginning
00:19:36of autumn. The seasons, the seasons. And we
00:19:39have here Beit Bakreet. Yes, they calculate based on the
00:19:43sea. Yes, when the sea gets rough,
00:19:47autumn begins for them. And here, when the
00:19:50agriculture grows, they calculate autumn. Oh, that's great!
00:19:54Do you understand? These signs, these
00:19:55signs.
00:20:04Repeatedly, I see these snails on the branches.
00:20:07With you, brother Mohammed, these snails are on dry
00:20:10trees, and sometimes you find them on trees that
00:20:14are about to die. Yes, you see?
00:20:16So they climb, but as far as I've heard,
00:20:19this is either in China or
00:20:23some other country, they make makeup from it. Subhan
00:20:26Allah, what's inside it, mashallah.
00:20:29You see? Yes, they make
00:20:32makeup from it. I mean, it's harmful to the environment.
00:20:36When it's done, it dies.
00:20:44And Allah, glory be to Him, made everything. He created everything for a purpose.
00:20:47True. An information.
00:21:03Why did you name this area Sarfait?
00:21:06It was named Sarfait after the Sarfait water. It was a spring
00:21:09in Wadi Sarfait. This is true. And the water would flow
00:21:13over stones. So in our language,
00:21:17Sarfait means stones.
00:21:24As for the region, it's a very varied region, meaning it's
00:21:28all in the Dhim Dhim Dhim and Sarfait
00:21:31region. It's named after this spring. And Sarfait and Sarfait,
00:21:34this is attributed
00:21:37to the Sarfait spring. You are correct. Clear, clear, clear. What is the name
00:21:40of this tree that we have? This is a Mitahan tree. Mashallah.
00:21:44You see? This is a Mitahan tree. They make walking sticks from it.
00:21:47I think this stick is not
00:21:50Omani Mitahan, not from the mountains. This is imported.
00:21:54Yes, you asked me a little while ago, or
00:21:58we were discussing, you asked me about agriculture and farming. I want to know
00:22:01about your experiences in agriculture and what grows most here. In fact,
00:22:05in the past, we didn't have much agriculture except for cowpeas and red
00:22:09wheat. We would plant it in autumn
00:22:12and harvest it in September, early
00:22:15October.
00:22:23What do you think of this attire? This is traditional
00:22:26mountain attire. It became
00:22:29Yes, and half of this attire is the mountain attire:
00:22:32sarong and shirt. Yes, then
00:22:35in the past, they used to wear a “sbaighah”
00:22:38before the sarong. They would tie the sbaighah and make
00:22:42it a turban here. Yes, the sbaighah. Yes,
00:22:48the body. Yes, then it changed to what was previously
00:22:52a sarong like the shroud, yes,
00:22:56the white one. They used to
00:22:59India and sell it by the yard. Yes,
00:23:02and they would tie it around themselves. Yes,
00:23:05and put it over the sbaighah.
00:23:09And now, now people have changed. It's a sarong
00:23:12and shirt and a "sbaiyah." Yes,
00:23:15you see how this "sbaiyah" has benefits? This
00:23:19is used for elders. It's used
00:23:22for cutting. Yes, and they call it "hijab" (covering). It has "hijab."
00:23:25They cover themselves with it like this. Yes, you
00:23:29cover yourself with it like this when you're sitting and chatting. Oh, that's beautiful!
00:23:32They call this "hijab." God! So
00:23:35we call it "hijab" in Arabic,
00:23:37and in the Jibali
00:23:40language, "ih-taj-ju." "Hijab" and "ih-taj-ju."
00:23:44Yes, that's it. Oh, that's beautiful! You
00:23:47look sharp, mashallah. I look sharp. Why shouldn't I look sharp? Why
00:23:57haven't you tried going to the sea? I worked at sea, by God.
00:24:00By God, brother, among the things I had
00:24:03were girls and I had one son.
00:24:07time was 80 riyals. Yes, I reached
00:24:11the place. Yes, and I worked at sea.
00:24:14I worked with fish. Yes, I worked with
00:24:17and I worked with fish, and I worked from 5 AM to 5
00:24:21PM. So you are a man of the mountains and a man of the sea? I am a man of the mountains and a man of the sea. Well done!
00:24:25By God, and I am a traveler, and I am a city dweller.
00:24:28Mashallah! Any direction you point me in, I'll be there. You are like rain, wherever it falls,
00:24:31it brings benefit.
00:24:40Brother Mohammed, a little while ago you asked me about how people know
00:24:44when it's sunset. Sunset has ways,
00:24:48there are times. This tree in the "maqal"
00:24:51because the autumn blocks the sun, right? When
00:24:54the sun is blocked, people don't know when it set and when it rose, when
00:24:58it set. Everyone knows the sunrise, it's clear.
00:25:01Yes, this tree,
00:25:03its leaves are open at the beginning of the day. Its
00:25:07leaves are open all the time. When
00:25:10the sunset comes, I mean, you say 4:30
00:25:13or 5:00, it starts to close slowly until sunset
00:25:17it closes. Subhan Allah. And they know,
00:25:20and they know that now it's sunset, they break
00:25:23their fast and pray. What's the name of this tree? Its name is "Asaharat" in the
00:25:28understand it as "Al-Marad." "Asaharat"? "Asaharat." Subhan Allah. Anyone who sees it
00:25:32as a tree would say no, no, no. Then when this tree grows, it has
00:25:36big branches. We only got the last one, and it's good
00:25:40that we got it. Subhan Allah, you see how? That was good.
00:25:43In the past, a woman alone.
00:25:46Yes, Mohammed, do you know that a woman could make a "Mashadid"?
00:25:53This "Mashadid" might take up all this area. Mashallah.
00:25:57You see? It produces 100 or 120
00:26:00sacks of corn. Mashallah, corn. They plant red
00:26:04corn, red wheat. Yes, the sweet
00:26:08one, and cowpeas. Now people call it "dagar" here.
00:26:11Yes, they plant cowpeas.
00:26:15This is because a woman and her husband. Mashallah! How
00:26:19was the work? Now, today, we say, "By God, today we will help
00:26:22Abu Jassim's house." These families all
00:26:25gather to help Abu Jassim with work.
00:26:29Yes, they all work together. Tomorrow, it will be
00:26:32Rashid's turn, and everyone cooperates to get many crops and harvests. And we,
00:26:36people, are still holding on to our ancestors' traditions. We couldn't
00:26:39leave, by God. We have houses in Salalah, by the grace of God, but we didn't
00:26:43like it. We couldn't live in the cities because we are not city people. The city is for city
00:26:47people. Oh, that's beautiful! People say the city
00:26:50is for city people. City people know how to manage themselves, how to eat,
00:26:54and how to arrange things. Are you comfortable in your environment? Praise be to God.
00:26:57We are comfortable and happy. We have our father, our milk,
00:27:01our yogurt, our ghee, and anything you want to eat
00:27:05is available, praise be to God, Lord of the Worlds. May God preserve the blessing and protect it from
00:27:09fading. Amen, Lord of the Worlds. Our knowledge,
00:27:12and we will please you with our words.
00:27:25Mashallah, how did you used to get medical treatment? I mean, was there a doctor
00:27:30the neighborhood? By God, in the old days there was no
00:27:33medicine. Medicine was through dinner,
00:27:37through bitterness from the environment itself, from the environment itself, through
00:27:40bitterness, through cauterization.
00:27:43You see how? These are the
00:27:47things that were used for treatment. Have you ever had
00:27:50a wound treated with herbs? By God, I even see many
00:27:54treatments in herbs available. But currently,
00:27:57currently I don't get treated by a doctor. I still,
00:28:00personally, I take from the herbs, from the herbs
00:28:04that are available, as they say,
00:28:07alternative medicine. There are many things I have avoided, praise be to God. My health
00:28:11is good. For example,
00:28:14stores, those generally, some of them have been around for
00:28:1850 years, I haven't tasted them, I haven't
00:28:20drunk them. Your nutrition is good. I eat and drink, but what
00:28:24about yogurt?
00:28:30We are very happy with this session with you.
00:28:34We are happy to have you. Thank you for your kind time
00:28:37and sweet stories. And God willing, we will visit you again and again
00:28:40and see you in good health. Welcome. I am honored
00:28:44by your visit. Welcome and may God reward you well. May God protect you,
00:28:48in God's keeping. Welcome. Goodbye. Welcome.