Page 83 - SALIK PR REPORT OCTOBER 2024

10/21/24, 11:38 AM Awqaf Dubai announces AED30.4 million profit share - Radio Shoma
Al Mutawa added that AWQAF Dubai is keen to expand its investment portfolio and explore new opportunities in
relation to managing and developing projects intended for minors. Such initiatives aim to maximise financial returns,
reduce expenses, and ensure that minors’ funds are optimally managed. AWQAF Dubai remains committed to

ensuring that investment returns are effectively delivered to beneficiaries in collaboration with relevant authorities, he
added.

According to the financial reports, the total value of assets managed by AWQAF Dubai on behalf of minors and those
under guardianship reached AED1.015 billion by the end of 2023. These assets include bank deposits, real estate

portfolios, commodity portfolios, and real estate investments.

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