It aims to instil a culture of endowment, encourage charity and humanitarian work
Dubai: In the spirit of Ramadan and the Year of Zayed, the Awqaf and Minors Affairs Foundation announced on Wednesday that it would set aside Dh65 million from its endowment mandates, zakat (alms) funds and donations to charity programmes in education, health care and other humanitarian projects.
The decision is in line with the AMAF’s goal of instilling the culture of endowment in the UAE, while also encouraging charity and humanitarian work. Ali Al Mutawa, secretary-general of AMAF, said, “This step is part of the AMAF’s strategic 2018-2020 plan that was approved recently and aims to develop endowment assets, encourage society’s participation in this development, and enhance the efficiency of endowment mandates to empower wider social segments.”
Exhibiting the AMAF’s commitment to enhancing human development and preparing younger generations for a better future, the largest part of the grant will cover educational programmes that provide the youth with necessary skills, enable them to launch their professional careers, and contribute to socioeconomic development in different sectors.
A portion of the funds will also be spent on health care projects, such as raising awareness about diseases and healthy lifestyles, as well as offering financial support for treatment and medicines. The remaining funds will be dedicated to various charities and humanitarian projects.
“We will continue innovating in our projects and initiatives in a way that expands benefits to the society and increases its positive effects to include more segments, especially in vital sectors that are pillars for building happy and productive communities. We are confident that our collaboration with our partners and those who believe in the importance of charity and humanitarian work will help us achieve further success,” Al Mutawa said.
The AMAF’s new strategic plan for 2018-2020 includes a series of initiatives spread over five pillars. These include growing endowment, minors’ care, financial sustainability, governance and corporate excellence, and enhancing customers’ happiness.