Latest news with #EndowmentsandMinors'FundsAuthority
Al Etihad
25-05-2025
- Health
- Al Etihad
Life Endowment campaign raises Dh115m in first week
25 May 2025 13:12 ABU DHABI (ALETIHAD)The Life Endowment campaign, launched by the Endowments and Minors' Funds Authority (Awqaf Abu Dhabi) in support of patients with chronic diseases, has raised Dh115 million from 33,000 contributors, one week after its the slogan With You For Life, the campaign aligns with the UAE Year of Community, announced by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE. The generous support from institutions and individuals significantly advances the campaign's goals of enhancing the sustainability of healthcare services and covering treatment costs for those most in need. The endowment will invest its funds to provide sustainable healthcare solutions and support for remarkable response underscores the UAE community's deeply ingrained culture of giving and the nation's commitment to prioritising health as the foundation of a strong society capable of driving sustainable development. This campaign demonstrates the UAE's dedication to advancing healthcare and building a healthier future for General of Awqaf Abu Dhabi, His Excellency Fahad Abdul Qader Al Qassim, said, 'The broad participation in this campaign – from major philanthropists and business leaders to individuals, companies, and public and private sector institutions – demonstrates that giving is a core value in our community. The campaign's success just one week after launch highlights the UAE's strong commitment to ensuring that patients in need can access world-class, sustainable healthcare, enabling them to return to their lives and embrace the future with confidence.''This outpouring of support reflects a deep understanding of endowment's power to uplift those most vulnerable, particularly by providing access to sustainable healthcare. This same commitment has driven the success of countless humanitarian and charitable campaigns over the decades. We are confident that this remarkable momentum will continue, fueled by the unwavering generosity of the UAE community.'The Life Endowment campaign invests contributions to maximise returns, funding healthcare programmes and treatments for chronic disease patients most in endowment provides a sustainable income stream through investments of its assets, ensuring the financial sustainability of essential healthcare services and maximising their social the campaign aims to revive the concept of endowments as a powerful tool for community development, fostering social solidarity and broad participation. It also showcases the UAE community's leading humanitarian role and its people's unwavering commitment to positive social impact.
Al Etihad
24-05-2025
- Business
- Al Etihad
Al Ain Pharmacy Group participates in Awqaf Abu Dhabi Life Endowment campaign
24 May 2025 13:12 ABU DHABI (ALETIHAD)Al Ain Pharmacy Group has announced the endowment of its branch at Hazza bin Zayed Stadium in support of the Life Endowment campaign, launched by the Endowments and Minors' Funds Authority (Awqaf Abu Dhabi) under the slogan With You For group's contribution is part of a growing response by individuals and institutions to support the campaign, which aims to provide sustainable funding to aid and support patients with chronic diseases, particularly among the most vulnerable campaign is raising funds to establish an endowment, investments from which will cover the cost of treatment. Endowment funds will also be invested in enhancing healthcare services, and providing patients with medication and access to mental health Ziad Amir Saleh, CEO of Al Ain Pharmacy Group said, "At Al Ain Pharmacy Group, we believe that supporting sustainable health initiatives is a national and humanitarian imperative. We are honoured to contribute to the Life Endowment campaign by endowing our Hazza bin Zayed Stadium branch. This endowment will help the campaign secure sustainable funding for treating individuals with chronic diseases.""Our participation reflects the UAE's deeply ingrained humanitarian values and the spirit of solidarity and giving that characterises our nation. By supporting this campaign, we aim to alleviate the suffering of those with chronic diseases, providing them with essential medical and mental health support, and ultimately, enhancing their quality of life through access to sustainable healthcare," he more than 50 branches across the UAE, Al Ain Pharmacy Group offers a wide range of medications, health products, skincare, haircare, body care, nutritional supplements, medical devices, and more. Serving more than 5,000 customers daily, the group has upheld international standards in healthcare for more than four decades. Source: Aletihad - Abu Dhabi
Mid East Info
21-04-2025
- Business
- Mid East Info
Awqaf Abu Dhabi Director General Engages Emiratis in a Series of Majlis Visits to Highlight the Enduring Power of Endowments
Underlines the pivotal role of endowments in preserving Emirati values and fostering sustainable social impact Showcases Awqaf Abu Dhabi's contribution to Abu Dhabi's economic diversification and GDP growth Abu Dhabi, UAE: In alignment with the vision of the UAE's Year of Community, the Endowments and Minors' Funds Authority (Awqaf Abu Dhabi) has launched a series of majlis visits to engage with Emiratis and highlight how endowments serve as a means to preserve family wealth, strengthen social bonds, and foster long-term community development. The initiative began with a visit to Mohammed Belajer Al Rumaithi's Majlis, where His Excellency Fahad Abdul Qader Al Qassim, Director General of Awqaf Abu Dhabi, outlined how endowments combine Islamic traditions with modern financial solutions. He explained that these structures allow families to secure their legacy while giving back to society, reinforcing the UAE's vision for a stronger, more connected nation. The outreach programme continued with a visit to the majlis of Khalid Bin Tannaf Al Minhali, and Al Tawiyyah Majlis with additional sessions planned throughout the year. HE Al Qassim emphasised that endowments are a unique financial mechanism that ensures continuous support for social causes such as education, healthcare, and mosque development. He stated: 'An endowment is not a one-time donation but a long-term investment in our society. Under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE is committed to building a sustainable and inclusive economy. Endowments play a key role in realising this vision by strengthening financial security, preserving national values, and fostering social cohesion.' HE Al Qassim highlighted during the visits how Awqaf Abu Dhabi offers structured endowment models tailored to different needs, ensuring that Emiratis can create long-term social and economic impact. Family Endowments safeguard wealth across generations while creating social benefits. Charitable Endowments directly support key sectors such as healthcare, education, and community services, while Mixed Endowments allow individuals to balance personal financial security with philanthropy. Beyond their social value, endowments play a critical role in Abu Dhabi's economy, contributing to GDP through direct asset management, fund distribution, and regulatory oversight of other endowment institutions. HE Al Qassim explained that Awqaf Abu Dhabi manages a substantial portfolio of real estate and investments, ensuring that endowment-generated revenues continue to drive economic activity. Additionally, by distributing profits from endowments to various social and economic initiatives, these funds flow back into the local economy. As a regulator, Awqaf Abu Dhabi also licenses and oversees other endowment institutions, ensuring a sustainable and growing endowment sector in Abu Dhabi. illustrating the scale of impact, HE Al Qassim pointed to major initiatives such as the AED 1 billion healthcare endowment and the 'Waqf Al Masajid' mosque development programme, which demonstrate how structured endowments create sustainable impact while preserving Emirati values. Additionally, Awqaf Abu Dhabi plays a crucial role in protecting minors' inherited assets, ensuring their financial security and responsible management until they reach adulthood. This service, accessible through the TAMM platform, reflects the UAE's commitment to integrating Islamic financial principles with modern regulatory practices. HE Al Qassim reiterated the importance of endowments in shaping the UAE's future, not only in strengthening economic diversification but also in ensuring long-term stability for families and communities. He concluded, 'Endowments are a bridge between our past and future, preserving our values while securing financial sustainability for generations to come. In this Year of Community, we encourage all Emiratis to explore how endowments can serve their family's interests while strengthening our society. By investing in endowments, we invest in the long-term resilience, unity, and prosperity of our nation.' About Awqaf Abu Dhabi: Established in May 2023, Awqaf Abu Dhabi promotes and develops the endowment sector by maximising social and financial impact across the community through developing investments and partnerships to meet values of sustainability. In addition to managing all endowment related processes, Awqaf Abu Dhabi manages the financial guardianship and development of wealth of minors, interdicted and others, contributing to greater financial and social inclusion.
Zawya
21-04-2025
- Business
- Zawya
Awqaf Abu Dhabi Director General engages Emiratis in a series of majlis visits to highlight the enduring power of endowments
Showcases Awqaf Abu Dhabi's contribution to Abu Dhabi's economic diversification and GDP growth Abu Dhabi, UAE: In alignment with the vision of the UAE's Year of Community, the Endowments and Minors' Funds Authority (Awqaf Abu Dhabi) has launched a series of majlis visits to engage with Emiratis and highlight how endowments serve as a means to preserve family wealth, strengthen social bonds, and foster long-term community development. The initiative began with a visit to Mohammed Belajer Al Rumaithi's Majlis, where His Excellency Fahad Abdul Qader Al Qassim, Director General of Awqaf Abu Dhabi, outlined how endowments combine Islamic traditions with modern financial solutions. He explained that these structures allow families to secure their legacy while giving back to society, reinforcing the UAE's vision for a stronger, more connected nation. The outreach programme continued with a visit to the majlis of Khalid Bin Tannaf Al Minhali, and Al Tawiyyah Majlis with additional sessions planned throughout the year. HE Al Qassim emphasised that endowments are a unique financial mechanism that ensures continuous support for social causes such as education, healthcare, and mosque development. He stated: 'An endowment is not a one-time donation but a long-term investment in our society. Under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE is committed to building a sustainable and inclusive economy. Endowments play a key role in realising this vision by strengthening financial security, preserving national values, and fostering social cohesion. HE Al Qassim highlighted during the visits how Awqaf Abu Dhabi offers structured endowment models tailored to different needs, ensuring that Emiratis can create long-term social and economic impact. Family Endowments safeguard wealth across generations while creating social benefits. Charitable Endowments directly support key sectors such as healthcare, education, and community services, while Mixed Endowments allow individuals to balance personal financial security with philanthropy. Beyond their social value, endowments play a critical role in Abu Dhabi's economy, contributing to GDP through direct asset management, fund distribution, and regulatory oversight of other endowment institutions. HE Al Qassim explained that Awqaf Abu Dhabi manages a substantial portfolio of real estate and investments, ensuring that endowment-generated revenues continue to drive economic activity. Additionally, by distributing profits from endowments to various social and economic initiatives, these funds flow back into the local economy. As a regulator, Awqaf Abu Dhabi also licenses and oversees other endowment institutions, ensuring a sustainable and growing endowment sector in Abu Dhabi. illustrating the scale of impact, HE Al Qassim pointed to major initiatives such as the AED 1 billion healthcare endowment and the "Waqf Al Masajid" mosque development programme, which demonstrate how structured endowments create sustainable impact while preserving Emirati values. Additionally, Awqaf Abu Dhabi plays a crucial role in protecting minors' inherited assets, ensuring their financial security and responsible management until they reach adulthood. This service, accessible through the TAMM platform, reflects the UAE's commitment to integrating Islamic financial principles with modern regulatory practices. HE Al Qassim reiterated the importance of endowments in shaping the UAE's future, not only in strengthening economic diversification but also in ensuring long-term stability for families and communities. He concluded, 'Endowments are a bridge between our past and future, preserving our values while securing financial sustainability for generations to come. In this Year of Community, we encourage all Emiratis to explore how endowments can serve their family's interests while strengthening our society. By investing in endowments, we invest in the long-term resilience, unity, and prosperity of our nation.' About Awqaf Abu Dhabi Established in May 2023, Awqaf Abu Dhabi promotes and develops the endowment sector by maximising social and financial impact across the community through developing investments and partnerships to meet values of sustainability. In addition to managing all endowment related processes, Awqaf Abu Dhabi manages the financial guardianship and development of wealth of minors, interdicted and others, contributing to greater financial and social inclusion. Awqaf Abu Dhabi aims to advance the culture of endowments, and organises events, conferences, and seminars centered on the management and investment of endowments and minors' funds. It also aims to reshape endowment practices at the Emirate level.
Zawya
21-04-2025
- Business
- Zawya
Awqaf Abu Dhabi Director General engages Emiratis in a series of majlis visits
Underlines the pivotal role of endowments in preserving Emirati values and fostering sustainable social impact Showcases Awqaf Abu Dhabi's contribution to Abu Dhabi's economic diversification and GDP growth Abu Dhabi, UAE: In alignment with the vision of the UAE's Year of Community, the Endowments and Minors' Funds Authority (Awqaf Abu Dhabi) has launched a series of majlis visits to engage with Emiratis and highlight how endowments serve as a means to preserve family wealth, strengthen social bonds, and foster long-term community development. The initiative began with a visit to Mohammed Belajer Al Rumaithi's Majlis, where His Excellency Fahad Abdul Qader Al Qassim, Director General of Awqaf Abu Dhabi, outlined how endowments combine Islamic traditions with modern financial solutions. He explained that these structures allow families to secure their legacy while giving back to society, reinforcing the UAE's vision for a stronger, more connected nation. The outreach programme continued with a visit to the majlis of Khalid Bin Tannaf Al Minhali, and Al Tawiyyah Majlis with additional sessions planned throughout the year. HE Al Qassim emphasised that endowments are a unique financial mechanism that ensures continuous support for social causes such as education, healthcare, and mosque development. He stated: 'An endowment is not a one-time donation but a long-term investment in our society. Under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE is committed to building a sustainable and inclusive economy. Endowments play a key role in realising this vision by strengthening financial security, preserving national values, and fostering social cohesion.' HE Al Qassim highlighted during the visits how Awqaf Abu Dhabi offers structured endowment models tailored to different needs, ensuring that Emiratis can create long-term social and economic impact. Family Endowments safeguard wealth across generations while creating social benefits. Charitable Endowments directly support key sectors such as healthcare, education, and community services, while Mixed Endowments allow individuals to balance personal financial security with philanthropy. Beyond their social value, endowments play a critical role in Abu Dhabi's economy, contributing to GDP through direct asset management, fund distribution, and regulatory oversight of other endowment institutions. HE Al Qassim explained that Awqaf Abu Dhabi manages a substantial portfolio of real estate and investments, ensuring that endowment-generated revenues continue to drive economic activity. Additionally, by distributing profits from endowments to various social and economic initiatives, these funds flow back into the local economy. As a regulator, Awqaf Abu Dhabi also licenses and oversees other endowment institutions, ensuring a sustainable and growing endowment sector in Abu Dhabi. illustrating the scale of impact, HE Al Qassim pointed to major initiatives such as the AED 1 billion healthcare endowment and the "Waqf Al Masajid" mosque development programme, which demonstrate how structured endowments create sustainable impact while preserving Emirati values. Additionally, Awqaf Abu Dhabi plays a crucial role in protecting minors' inherited assets, ensuring their financial security and responsible management until they reach adulthood. This service, accessible through the TAMM platform, reflects the UAE's commitment to integrating Islamic financial principles with modern regulatory practices. HE Al Qassim reiterated the importance of endowments in shaping the UAE's future, not only in strengthening economic diversification but also in ensuring long-term stability for families and communities. He concluded, 'Endowments are a bridge between our past and future, preserving our values while securing financial sustainability for generations to come. In this Year of Community, we encourage all Emiratis to explore how endowments can serve their family's interests while strengthening our society. By investing in endowments, we invest in the long-term resilience, unity, and prosperity of our nation.' For more information about endowment opportunities, visit Awqaf Abu Dhabi's website: or follow their social media channels on Instagram (@adawqaf), Facebook (@adawqaf), and X (@adawqaf). About Awqaf Abu Dhabi Established in May 2023, Awqaf Abu Dhabi promotes and develops the endowment sector by maximising social and financial impact across the community through developing investments and partnerships to meet values of sustainability. In addition to managing all endowment related processes, Awqaf Abu Dhabi manages the financial guardianship and development of wealth of minors, interdicted and others, contributing to greater financial and social inclusion. Awqaf Abu Dhabi aims to advance the culture of endowments, and organises events, conferences, and seminars centered on the management and investment of endowments and minors' funds. It also aims to reshape endowment practices at the Emirate level. Follow Awqaf Abu Dhabu on Instagram (@adawqaf), Facebook (@adawqaf) and X (@adawqaf).
