Its principles are predominantly focused on the protection of Al-Aqsa, and cultural heritage of the city in addition to serving as an advocacy agency specialized in humanitarian and social works, concerning health, education housing children's as well as women's rights.

It runs several projects in the city of Jerusalem such as sports activities, health awareness programs, and educational scholarships, in addition to serving as a financial assistance institute for the restoration of war-affected houses.

In addition to being financed by the member states, the committee has also run protects contributed by public and private vendors, including organisations and individuals.

Bayt Mal Al Quds was formally created on 30 July 1998 after it was granted legal status by the OIC Council of Foreign Ministers.

[4] In March 2024, King Mohammed VI issued instructions to the Bayt Mal Al Quds Agency to provide food assistance to the city's residents.

[5][6] OIC has a membership of 57 Muslim nations, however the Al-Quds Committee is signed by 16 countries, including Morocco, Saudi Arabia, Jordan, Iraq, Palestine, Lebanon, Mauritania, Egypt, Bangladesh, Pakistan, Iran, Indonesia, Senegal, Niger, and Guinea.