The Dubai Endowments and Minors’ Trust Foundation (Awqaf Dubai) reported that the worth of its endowment shares portfolio exceeded AED9 million as of the first half of 2025, a 4.7% difference from the preceding similar period.
According to a report by Awqaf Dubai’s Investment Department, the robust performance of the endowment shares portfolio reflects the effectiveness of its investment policies in managing and growing endowment assets, safeguarding resource sustainability, and optimizing returns to serve social and charitable causes.
The portfolio comprises shares in companies listed on the Abu Dhabi Securities Exchange and the Dubai Financial Market, highlighting the diversity and adaptability of Awqaf Dubai’s investments in navigating market fluctuations. This approach underscores Awqaf Dubai’s commitment to prudent investment strategies that ensure the long-term growth and sustainability of endowment assets.
His Excellency Ali Al Mutawa, Secretary General of Awqaf Dubai, stressed the Foundation’s dedication to expanding the scope of endowment investments and diversifying their channels, in line with Dubai’s ambition to lead in innovative endowment practices and support sustainable humanitarian initiatives.
He pointed out that this is in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to extend the social influence of endowments and invite greater community involvement.
Al Mutawa further observed that the increase in the portfolio’s value depicts the spirit of endowers who have invested financial shares in endowments, thus enhancing the resources that are available for charitable and community projects.
He stated: “We appreciate the generosity of our endowers and their trust in Awqaf Dubai to manage their financial and real estate resources. We remain dedicated to maximizing the impact of their gift for the greater good of society.”
Al Mutawa further stated that the entire proceeds of the endowment shares are given yearly to the specified causes, based on the instructions of the endowers. These range from financing the education of needy students, offering medical care to those in need, supporting orphans and widows, empowering individuals of determination, and other philanthropic endeavors.
In 2018, Awqaf Dubai introduced the ‘Shares Endowment Service Initiative’, the first specialized account for the management of endowment securities in the region. This facility allows citizens, residents, and financial investors to gift a portion of their shareholding as endowments, with the yield being donated to deserving beneficiaries.