This paper deals with the idea about the endowment in Islam, and Islamic endowments in Iraq. Then the statement of the concept of investment language and idiomatically and the rule of investing in Islamic jurisprudence and investment relationship cessation and its importance. General principles and foundations as well as shows in the management and investment of endowment funds that contemporary scholars of the door measured on the management and investment of funds for orphans. Then displays the areas of investment Endowments in Iraq, which inherited the formulas are still used in the endowments investment and these formulas dealing with self-investment contracts that include replacement and leasing endowment and investment contracts although the task of leasing. And external, which include farming contracts and irrigation endowments investment but can’t rely on traditional methods, but must search fields and other appropriate investment for the coast promote and improve their performance keep up with modern developments. Endowments in front of the challenge, one between maintaining the assets and senate suspended and this second investment in detention and development in order to increase revenues for the benefit of the recipients in order to preserve their active role and a renewed bid for service for community and nation.