The Endowments and Minors’ Belief Basis in Dubai (Awqaf Dubai) introduced that the worth of its endowment shares portfolio surpassed AED9 million by the tip of the primary half of 2025, marking a 4.7 % enhance from the identical interval final yr.
In line with a report by Awqaf Dubai’s Funding Division, the strong efficiency of the endowment shares portfolio displays the effectiveness of its funding insurance policies in managing and rising endowment property, safeguarding useful resource sustainability, and optimising returns to serve social and charitable causes.
The portfolio contains shares in corporations listed on the Abu Dhabi Securities Trade and the Dubai Monetary Market, highlighting the range and flexibility of Awqaf Dubai’s investments in navigating market fluctuations. This method underscores Awqaf Dubai’s dedication to prudent funding methods that make sure the long-term development and sustainability of endowment property.
Ali Al Mutawa, Secretary-Common of Awqaf Dubai, burdened the muse’s dedication to increasing the scope of endowment investments and diversifying their channels, according to Dubai’s ambition to steer in progressive endowment practices and help sustainable humanitarian initiatives.
He famous that this displays the imaginative and prescient of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to amplify the social affect of endowments and encourage broader group participation.
Al Mutawa famous that the rise within the portfolio’s worth displays the generosity of endowors who’ve allotted monetary shares to endowments, thereby strengthening the assets obtainable for group and charitable tasks.
Al Mutawa added that the complete proceeds from the endowment shares are distributed yearly to the designated causes, in accordance with the endowers’ directions. These embrace funding training for underprivileged college students, offering medical remedy for these in want, supporting widows and orphans, empowering Individuals of Dedication, and different charitable initiatives.
In 2018, Awqaf Dubai launched the ‘Shares Endowment Service Initiative’, the area’s first devoted account for managing endowment securities. This service permits residents, residents, and monetary buyers to allocate a part of their shareholdings as endowments, with the returns donated to eligible beneficiaries.
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