{"id":30694,"date":"2026-02-20T18:47:42","date_gmt":"2026-02-20T18:47:42","guid":{"rendered":"https:\/\/wordpress.aait.app\/quraan\/?post_type=governance&#038;p=30694"},"modified":"2026-02-20T18:49:10","modified_gmt":"2026-02-20T18:49:10","slug":"disclosure-of-the-absence-of-commercial-contractual-relationships","status":"publish","type":"governance","link":"https:\/\/quran-kh.org.sa\/en\/governance\/disclosure-of-the-absence-of-commercial-contractual-relationships\/","title":{"rendered":"Disclosure of the Absence of Commercial Contractual Relationships"},"content":{"rendered":"<p>The Artaq Association for Memorizing the Holy Quran in Al-Kharj is committed to the highest standards of transparency and integrity in all its financial, administrative, and contractual dealings. This policy aims to regulate the disclosure by members of the Board of Directors, employees, and volunteers regarding the absence of any commercial or financial relationships that could affect the independence of their decisions or the interests of the Association.<\/p>\n<p>First: Scope of Application<br \/>\nThis policy applies to all members of the Board of Directors, the executive management, employees, volunteers, and anyone dealing with external parties on behalf of the Association, whether in contracts, the purchase of services, or commercial partnerships.<\/p>\n<p>Second: Definition of Disclosure<br \/>\nDisclosing the absence of commercial relationships means submitting a written statement clarifying that the individual has no direct or indirect financial or contractual interest with any entity that could be affected by their decisions within the Association.<\/p>\n<p>Third: Disclosure Mechanism<\/p>\n<p>Those concerned are obligated to submit this disclosure upon appointment, membership on the Board, employment, or when dealing with any external party.<\/p>\n<p>Disclosures are kept strictly confidential by the relevant department and are used solely for the purposes of verifying integrity and transparency.<\/p>\n<p>The disclosure includes an explicit statement that there are no contracts or financial interests linked to the entities dealing with the association.<\/p>\n<p>Fourth: Handling Cases<\/p>\n<p>In the event of any potential business relationship or violation, the necessary measures will be taken to avoid conflicts of interest, including excluding the individual from decision-making related to the entity in question.<\/p>\n<p>All disclosures and actions taken will be documented to ensure accountability and transparency.<\/p>\n<p>Fifth: General Commitment<br \/>\nThe association considers adherence to this policy an essential part of its governance and corporate ethics, and aims to protect the interests of the association and its beneficiaries and ensure the independence and objectivity of all decisions.<\/p>\n","protected":false},"featured_media":32205,"template":"","governance_tax":[101],"class_list":["post-30694","governance","type-governance","status-publish","has-post-thumbnail","hentry","governance_tax-disclosures"],"_links":{"self":[{"href":"https:\/\/quran-kh.org.sa\/en\/wp-json\/wp\/v2\/governance\/30694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quran-kh.org.sa\/en\/wp-json\/wp\/v2\/governance"}],"about":[{"href":"https:\/\/quran-kh.org.sa\/en\/wp-json\/wp\/v2\/types\/governance"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quran-kh.org.sa\/en\/wp-json\/wp\/v2\/media\/32205"}],"wp:attachment":[{"href":"https:\/\/quran-kh.org.sa\/en\/wp-json\/wp\/v2\/media?parent=30694"}],"wp:term":[{"taxonomy":"governance_tax","embeddable":true,"href":"https:\/\/quran-kh.org.sa\/en\/wp-json\/wp\/v2\/governance_tax?post=30694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}