Page 69 - SALIK PR REPORT OCTOBER 2024
P. 69
AWQAF Dubai shares with minor
beneficiaries AED30.4 million in profits
from investments made on their behalf
14 hours ago
- The disbursements mark an increase of 13%, or AED3.4 million, compared
to the previous year
The Endowments and Minors’ Trust Foundation in Dubai (AWQAF Dubai) has
announced the distribution of AED30.4 million in profits from investments made
on behalf of minors and those under guardianship for the year 2024. The gesture
aligns with AWQAF Dubai’s core mission of managing and investing funds
allocated for minors.
The profits were distributed among 2,263 minors and other beneficiaries in similar
situations, reflecting an increase of 13% in disbursements compared to the
previous year, adding up to AED3.4 million. In 2023, the total profits distributed
among minor beneficiaries amounted to approximately AED26.7 million.
Unwavering commitment
https://mediaoffice.ae/en/news/2024/october/20-10/awqaf-dubai-shares-with-minor-
beneficiaries-more-than-aed30-
million#:~:text=The%20Endowments%20and%20Minors%E2%80%99%20Trust%20Foundation%2
0in%20Dubai,of%20managing%20and%20investing%20funds%20allocated%20for%20minors.
