UAE

Awqaf Dubai distributes AED 74.7 million in endowment returns to support key sectors

Funds allocated to nine entities to boost healthcare, education, and social initiatives across Dubai

By Emirates247 Published: 2026-06-03T16:06:00+04:00 2 min read
Awqaf Dubai stated that it manages and invests endowment assets in line with institutional and investment best practices, ensuring sustainability and optimising returns. This approach allows funds to be directed toward their intended purposes while supporting development across key sectors.
Awqaf Dubai stated that it manages and invests endowment assets in line with institutional and investment best practices, ensuring sustainability and optimising returns. This approach allows funds to be directed toward their intended purposes while supporting development across key sectors.

Dubai: The Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai) has announced the transfer of AED 74.7 million in endowment investment returns for 2025 to government and semi-government entities that established them.

The returns were distributed among nine beneficiary entities, including the Islamic Affairs and Charitable Activities Department (IACAD), the Community Development Authority (CDA), the Dubai Club for People of Determination, the Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU), and the Dubai Foundation for Women and Children (DFWAC), among others.

The funds will support initiatives across healthcare, education, and social sectors, including medical research, educational programmes, care services for People of Determination, and humanitarian initiatives.

Awqaf Dubai stated that it manages and invests endowment assets in line with institutional and investment best practices, ensuring sustainability and optimising returns. This approach allows funds to be directed toward their intended purposes while supporting development across key sectors.

The transfer is part of an integrated framework for managing and developing endowments, implemented in line with the highest standards of governance and sustainability. The framework aims to maximise the impact of endowment returns across priority sectors and reinforce the role of endowments in sustainable development.

Ali Al Mutawa, Secretary-General of Awqaf Dubai, said the foundation continues to enhance the endowment ecosystem by improving investment performance and administrative efficiency. He noted that the endowments represent a strong model of community partnership, supporting healthcare, education, social welfare, and services for People of Determination.

Al Mutawa added that Awqaf Dubai is implementing several endowment projects in collaboration with government and semi-government entities to expand development-focused endowments and strengthen a culture of institutional giving across Dubai.

Awqaf Dubai said it will continue to advance its investment strategies and endowment projects to ensure long-term sustainability, support community wellbeing, and contribute to Dubai’s economic and social development goals.