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Dubai: The Endowment and Minors’ Trust Foundation, known as Awqaf Dubai, has reported a remarkable growth in its educational endowment assets, hitting AED 718 million in 2026, showing a 52% year-on-year increase.
According to the foundation, these assets support 52 distinct endowments aimed at bolstering the education sector and assisting students from economically disadvantaged backgrounds.
The portfolio consists of 24 real estate endowments accounting for AED 663 million, including various properties such as buildings and retail spaces. Furthermore, there are 28 financial endowments valued at AED 55 million, featuring investments in stocks and bonds.
Awqaf Dubai noted that the income generated by these endowments is utilized to offer educational opportunities, scholarships, and vital school supplies. This initiative collaborates with 45 educational institutions to maximize impact.
In 2025, approximately 3,100 students benefited from these programs, either in UAE public schools or through overseas institutions, with scholarships totaling around AED 5.9 million provided.
Ali Al Mutawa, Secretary-General of Awqaf Dubai, emphasized the critical role educational endowments play in empowering underprivileged students, helping them achieve their academic aspirations and paving the way for prosperous futures.
He reiterated that the 52% growth showcases the organization's dedicated efforts towards enhancing support and ensuring the continuity of educational initiatives.
Al Mutawa also affirmed that Awqaf Dubai is committed to expanding its endowment portfolio and increasing its beneficiaries, thus amplifying its long-term social influence.
He commended the contributions of donors and philanthropists, stating that investing in education is essentially investing in the UAE's future, contributing to a more sustainable and advanced society.