Page 90 - SALIK PR REPORT OCTOBER 2024
P. 90

AWQAF Dubai shares with minor


                  beneficiaries AED 30.4 million in


                  profits from investments made on


                  their behalf




                  ANI

































                  21st October 2024, 01:18 GMT+11
               Dubai [UAE], October 20 (ANI/WAM): The Endowments and Minors' Trust Foundation in
               Dubai (AWQAF Dubai) has announced the distribution of AED 30.4 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 per cent in disbursements compared to the previous
               year, adding up to AED 3.4 million. In 2023, the total profits distributed among minor
               beneficiaries amounted to approximately AED 26.7 million.





               https://www.bignewsnetwork.com/news/274727392/awqaf-dubai-shares-with-minor-
               beneficiaries-aed-304-million-in-profits-from-investments-made-on-their-behalf
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