Visit the Foundation and learn about its innovative and sustainable projects

Ahmed bin Mohammed: Dubai Awqaf is a partner in achieving community development

Ahmed bin Mohammed bin Rashid with the Foundation's team and those responsible for endowment work in Dubai. From the source

His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of Dubai Media Council, said that the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council and Chairman of the Supreme Committee for Development and Citizens Affairs, laid the foundations for the endowment as an active partner in achieving comprehensive and sustainable community development, empowering the Awqaf Foundation and managing minors' funds. In Dubai, to participate in promoting the welfare of society in all its segments, especially minors, and to provide support to the beneficiary groups so that everyone is part of the continuous building process of the nation in a global model of compassion, cohesion and harmony among the groups of society.

This came during the visit of His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, yesterday, to the headquarters of the Awqaf Foundation and the Department of Minors Funds in Dubai, where he was briefed on its plans, charitable programs, humanitarian initiatives and investment projects, praising its role in putting the Emirate of Dubai on the map of leadership in the fields of distinguished and innovative endowment work.

His Highness said: «We appreciate the keenness of the Awqaf Foundation and the management of minors' funds, to maintain the sustainability of the assets of endowments, achieve leadership in charitable work and diversify its investments, and put the care of the interests of our minor children and the development of their investments in the priorities of the Foundation's work, which had an impact on opening the door for participation for everyone and various means and forms of investment to participate in rooting the role of the endowment and its positive return».

His Highness added: "The UAE society is loving goodness and giving, and it is important to promote these values within the framework of charitable and contemporary investment work, which contributes to the development of benefits and maximizing revenues in a sustainable endowment work approach, which participates in the development of the education, health, social welfare and support sectors in societies."

During the visit, in which he was received by the Chairman of the Board of Directors of the Awqaf Foundation and the Management of Minors Funds, Essa Al Ghurair, and the Secretary General of the Foundation, Ali Mohammed Al Mutawa, His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum listened to a brief report on the most prominent endowment projects and charitable initiatives adopted by the Foundation, and its strategic objectives aimed at promoting a culture of innovation in endowment work and developing the endowment sector and its products within a contemporary institutional framework.

During the visit, His Highness inspected the Foundation's departments, where he was briefed on the services and models of innovative endowment products, including the "Al Sabeel Bread" device, and listened to an explanation of the Foundation's initiatives in the field of health, education, Islamic affairs, social affairs, and charity and piety projects.

His Highness also met with a number of minors whose education and financial affairs are supervised by the Foundation, as part of the Foundation's efforts to provide a helping hand to science students and needy students, especially outstanding students.

The Awqaf Foundation and the Management of Minors Funds in Dubai is one of the leading institutions in the fields of endowment work at the Arab level, and manages sustainable charitable real estate and financial investments whose proceeds go to support vital sectors in society and support low-income groups, as the Foundation's endowment assets exceeded AED 8.8 billion by the end of 2022.

Ahmed bin Mohammed:

"The Foundation has provided a global model of compassion and cohesion among the groups of society."

"Taking care of the interests of minors and the development and sustainability of their investments are important priorities."

8.8

Billions of dirhams in endowment assets for Dubai Awqaf at the end of last year.