Awqaf Dubai's AED552M healthcare endowment to fund lifelong medical care
Healthcare endowment assets registered with the Endowment and Minors' Trust Foundation in Dubai (Awqaf Dubai) have reached AED552 million, reflecting growing public confidence in endowments as a sustainable tool for community development.
The portfolio spans 36 assets, comprising real estate endowments valued at AED536 million and financial endowments of AED16 million. Returns generated from these assets are directed toward community healthcare initiatives and extending medical treatment to underprivileged patients across the UAE, in collaboration with various healthcare entities.
"Endowments represent a vital tool for developmental sustainability, providing permanent funding for healthcare and humanitarian initiatives that ensures consistent support regardless of budget cycles," His Excellency Ali Al Mutawa, Secretary-General of Awqaf Dubai, said.
Al Mutawa noted that the growth in healthcare endowment assets reflects heightened awareness among contributors and their increasing confidence in endowments as an effective vehicle for community service. He added that Awqaf Dubai is actively expanding partnerships with healthcare entities to strengthen collective efforts in serving patients with limited financial means.
The foundation's broader strategy aims to embed a culture of endowments as a developmental instrument supporting education, health, and social care - values that align with the UAE's standing as a leader in institutional humanitarian work.
Officials say the initiative contributes to long-term social sustainability by ensuring medical services remain accessible to low-income individuals and eligible groups, independent of government budget cycles - a model designed to deliver lasting humanitarian impact at scale.
