Endowments registered by Awqaf and Minors Affairs Foundation in UAE at the end of 2020 rises to 717 ...United Arab Emirates

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Endowments registered by Awqaf and Minors Affairs Foundation in UAE at the end of 2020 rises to 717
source : Khaleej Times ( United Arab Emirates ) () 9
Dubai: By the end of 2020, the total number of endowments registered by the Awqaf and Minors Affairs Foundation in Dubai stood at 717, representing a total value of Dh7 billion. These endowments have been registered by 442 endowers. Of the 717 endowments, 683 are real estate endowments and 34 financial endowments (including stocks and financial assets). Philanthropic endowments accounted for 622, Islamic family endowments 64, and joint endowments 31. Women donated 97 endowments while 29 were provided by institutions. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and First Deputy Chairman of The Executive Council of Dubai, said the efforts of the Awqaf and Minors A

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