Page 72 - SALIK PR REPORT OCTOBER 2024
P. 72
Dubai: Over Dh30 million
distributed to minors from
investments' profits
The financial assets are invested in a number of public joint-stock companies, such as Parkin, Salik,
Dewa
Published: Sun 20 Oct 2024, 5:09 PM
Updated: Sun 20 Oct 2024, 6:38 PM
Photo: WAM
Profits amounting to Dh30.4 million, from investments of minors and those under
guardianship, were distributed by the Awqaf and Minors Funds Management
Foundation (AMAF) in Dubai. This is in line with the foundation’s primary role in caring
for and investing the funds of minors.
The profits were distributed to 2,263 minors and those in their care, representing a 13
per cent increase from the fiscal year 2023. During 2023, the profits amounted to
approximately Dh 26.7 million.
Burj Khalifa Fountain Show
Ali Mohammed Al Mutawa, Secretary-General of AMAF, affirmed the foundation’s
commitment to working in accordance with the directives of Sheikh Mohammed bin
https://www.khaleejtimes.com/business/dubai-over-dh30-million-distributed-to-minors-from-
investments-profits
