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

Mubadala Capital And TWG Global In A Game-changing Partnership

SWF Global says it signals “the evolving relationship between PEs and SWFs”; Mubadala Capital to anchor a $10bn inv... Read more

Saudi Arabia Issues Tax Update

Saudi Arabia urges taxpayers to take advantage of fine waiver before June 30 Read more

Dubai Real Estate: MAG, MultiBank And Mavryk Team Up To Tokenise $3bn Of Luxury Property

Blockchain innovators and Dubai real estate developer sign $3bn property investment tokenisation deal Read more

Saudi Banks To Remain Resilient Despite Rise In External Debt, Says S&P

The global rating agency expects the net external debt position to remain at a manageable level of about 4.1% of total ... Read more

Abu Dhabis Lunate To Acquire Stake In Wealth Management Firm Azura Partners

Azura headquarters to shift to ADGM in Abu Dhabi as part of the deal; New capital will help build AUM, talent, technolo... Read more

Investcorp exits RESA Power In Sale To Kohlberg, Marking First Exit For North American PE Fund

Investcorp aims to replicate RESA’s success globally across its private equity business Read more