Awqaf Abu Dhabi Announces Launch Of Awqaf Capital

Awqaf Abu Dhabi announced the establishment of Awqaf Capital, which it said is a strategic initiative aimed to serve as a cornerstone institution in the emirate’s financial ecosystem.

The announcement on the new venture was made by Fahad Abdul Qader Al Qassim, Director General of the Endowments and Minors Funds Authority (Awqaf Abu Dhabi), during his address at the third edition of Abu Dhabi Finance Week.

“Today’s launch of Awqaf Capital represents our commitment to innovation in financial markets and our dedication to strengthening Abu Dhabi‘s position as a capital for capital and investments,” said Al Qassim.

“This strategic initiative not only strengthens our position in the global capital markets but also introduces an innovative approach to institutional investment that combines financial excellence with sustainable impact,” he added.

Awqaf Capital is to deploy capital across diverse asset classes, while leveraging Abu Dhabi’s unique position as a bridge between global markets.

Al Qassim said through Awqaf Capital, the endowment agency would be creating new pathways for capital deployment that benefit both investors and the broader economy.

Drawing from global examples, Al Qassim illustrated how leading educational institutions have leveraged endowments to achieve remarkable financial success.

“Throughout history, endowments have been one of the most flexible financial systems that both the public and private sectors have – and should – focus on, particularly in the health and education sectors,” he said. 

Al Qassim said that investing in Awqaf Abu Dhabi’s endowments not only ensures robust financial returns but also contributes to creating societal impact.

“For businesses, this means partnering with projects that promote economic growth and social impact, while also benefiting from the stable, long-term returns that endowments consistently provide,” he said.

Follow us on

For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
RECENT NEWS

IHC Acquires Majority Stake In Pakistans First Women Bank Limited

It’s the first privatisation of a bank in the country under a G2G framework and strengthens the UAE–Pakistan econom... Read more

UAE Ombudsman Sanadak Slashes Financial Complaint Resolution Time To 15 Working Days

Sanadak, the UAE financial ombudsman, cuts complaint resolution time from 30 to 15 working days to boost consumer trust... Read more

Dubais DIFC Surpasses 8,000 Companies As Banking Assets Triple To $240 Billion

Dubai’s financial free zone becomes Middle East's top financial hub, with $240 billion in banking assets and AED 17.5... Read more

Kuwait Fund Wins Award For Financing $416 Million Water Project In Egypt

Egypt’s Bahr Al-Baqar plant, the world’s largest wastewater treatment facility, reuses over five million cubic metr... Read more

Saudi Fintech Tamara Gains UAE Central Bank Approval To Boost Gulf Expansion

Saudi Arabia’s first fintech unicorn, Tamara, has won regulatory approval to operate in the UAE The post Saudi fintec... Read more