Page 50 - UAE FATWA PR REPORT - MARCH 2024 (ENGLISH)

by establishing an AED 1 billion endowment fund to support the education of
millions of individuals across underprivileged communities.

Organised by the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI)
and coinciding with the holy month of Ramadan, the Mothers’ Endowment

campaign allows individuals to donate in their mothers’ names to honour them.
Proceeds of the campaign will go towards launching educational projects in

underprivileged communities, in partnership with humanitarian organisations.

Sheikh Bin Bayyah highlighted the UAE’s continuous charity efforts that have
become an established practice for which the nation’s leadership has become

known. The Mothers’ Endowment campaign is yet another welcome addition to a
series of humanitarian initiatives that set the UAE apart, following the massive

success of previous campaigns launched by His Highness Sheikh Mohammed
bin Rashid Al Maktoum, the latest of which was the ‘1 Billion Meals Endowment’.

Sheikh Bin Bayyah congratulated the UAE’s leadership, represented by
President His Highness Sheikh Mohamed bin Zayed Al Nahyan; His Highness

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and
Ruler of Dubai; His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice

President, Deputy Prime Minister and Chairman of the Presidential Court,
alongside their Highnesses members of The Federal Supreme Council the
Rulers of the Emirates, the UAE people and the Islamic nation, on the advent of

Ramadan.

“Endowment is defined in various ways by scholars, but all definitions share the
same concept of setting aside assets that can be invested, and using the

proceeds for charitable purposes. This gave rise to endowment institutions that
continue to be a unique model of sustainable giving and ongoing rewards,” he

said.

Sheikh Bin Bayyah highlighted the role of endowments in bolstering solidarity

and cooperation among community members and sustaining those in need.
Endowments in Islam are considered ongoing charities that people continue to

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