Did you know that over $1 billion in endowment assets are managed to support social welfare in Abu Dhabi? The Awqaf & Minors Affairs Foundation (AMAA) plays a vital role in preserving these resources while safeguarding the future of young beneficiaries.
Established under the leadership of UAE President Sheikh Mohamed bin Zayed Al Nahyan, AMAA focuses on two key areas: managing endowments and protecting minors’ wealth. Originally known as SCMAF, the organization rebranded to reflect its expanded role in community development.
With its headquarters in Abu Dhabi, AMAA serves the wider UAE by ensuring endowment funds benefit education, healthcare, and social programs. This article explores how the foundation empowers communities through strategic initiatives.
Key Takeaways
- AMAA manages endowment assets to support social welfare programs.
- The foundation protects minors’ wealth and future interests.
- It operates under UAE President Sheikh Mohamed bin Zayed Al Nahyan’s leadership.
- Originally called SCMAF, it rebranded to AMAA for broader impact.
- Headquartered in Abu Dhabi, it serves communities across the UAE.
Awqaf & Minors Affairs Foundation: A Pillar of Community Support
A transformative legal framework in 2023 reshaped Abu Dhabi’s approach to social welfare. The UAE President, Sheikh Mohamed bin Zayed Al Nahyan, issued a decree as Ruler of Abu Dhabi to establish the current institution. This replaced the former Social Care and Minors Affairs Foundation, transferring all assets and responsibilities.
Establishment and Mandate
The law establishing awqaf granted the organization authority to oversee endowment registration and institutional permits. It also created an investment committee to manage minors’ wealth with transparency. These measures ensure funds support education, healthcare, and other government affairs priorities.
Strategic Alignment with UAE Leadership
Sheikh Mohamed bin Zayed’s vision drives the foundation’s goals. Its work aligns with UAE Vision 2031 and the Abu Dhabi Economic Vision. By focusing on sustainable growth, the institution strengthens community resilience across the Emirates.
Leadership Driving Change
Strategic vision and financial expertise define the foundation’s leadership approach. Guided by HE Abdul Hamid Mohammed Saeed and HE Fahad Abdul Qader Al Qassim, the team combines decades of experience with innovative strategies to maximize social impact.
HE Abdul Hamid Mohammed Saeed: Chairman’s Vision
With over 45 years in banking, HE Saeed brings unparalleled governance expertise. As former Central Bank Governor and ex-Group CEO of First Abu Dhabi Bank, his leadership ensures robust management of endowment assets. His roles in ADQ and Salama Insurance further strengthen the foundation’s financial strategies.
HE Fahad Abdul Qader Al Qassim: Director General’s Role
HE Al Qassim oversees the AED 1 billion healthcare endowment fund, partnering with the Department of Health. His innovative approach integrates Islamic finance principles with modern investment models. Board positions at Aramex and Du highlight his cross-sector expertise in telecoms and logistics.
The leadership team fosters strategic alliances with ADQ and Aldar Properties, amplifying community projects. Their work aligns with Mohamed bin Zayed’s vision, ensuring sustainable growth across Abu Dhabi’s social and economic landscape.
Vision, Mission, and Core Values
Four core principles guide every decision in managing community resources. These values ensure endowment assets create lasting benefits while upholding the highest ethical standards.
Transforming Endowments for Sustainable Growth
The Baytak Fel Jannah initiative demonstrates this approach. This AED70 million housing project supports People of Determination with fully accessible homes.
All investments follow a Sharia-compliant framework. Since 2020, endowment assets grew by 18% annually through strategic management.
Financial Growth and Social Impact
The Life Endowment Campaign raised over AED500 million for chronic disease care. Partnerships with the Department of Health created a AED1 billion healthcare fund.
These efforts show how financial growth fuels community support. Every dirham works toward measurable improvements in education and healthcare access.
Commitment to Integrity and Excellence
ISO certifications validate rigorous governance standards. The four-pillar system balances:
- Financial Growth through smart investments
- Positive Impact on vulnerable groups
- Integrity in all transactions
- Excellence in service delivery
This framework ensures wealth management aligns with both Islamic values and global best practices.
Key Initiatives and Community Impact
Transforming lives through strategic giving defines the core of Abu Dhabi’s social development. The organization channels resources into healthcare, education, and employment initiatives that create measurable change.
Life Endowment Campaign: Supporting Chronic Disease Patients
Over 93,000 contributors united to raise AED500 million+ for chronic illness care. This landmark effort funds treatments and research across UAE hospitals.
Partners like PureHealth amplified impact with a AED50 million donation. The campaign demonstrates how collective action tackles pressing health challenges.
Partnerships for Social Contribution
Aldar Properties’ AED70 million housing project delivers accessible homes for People of Determination. Meanwhile, the Box Hub initiative created 300+ specialized jobs in logistics and packaging.
Erth Zayed Philanthropies contributed AED100 million to education programs. These alliances multiply the organization’s community reach.
Innovation in Endowment Management
The Awqaf Capital platform revolutionizes how donors engage with causes. This digital portal simplifies endowment tracking while ensuring Sharia compliance.
At AIM Congress 2025, the team will showcase fintech solutions for social funding. The prototype AED10 million community center tests new models for public spaces.
Through Ma’an partnerships, every dirham’s impact gets measured with precision. This data-driven approach maximizes benefits for Abu Dhabi residents.
Conclusion
Modern philanthropy meets cultural preservation in the UAE’s capital. The Abu Dhabi-based institution has channeled over AED1.2 billion into social programs since 2023, blending Islamic finance with ESG principles.
Digital platforms now empower public participation in endowment growth. These tools ensure transparency while expanding community impact.
Looking ahead, plans include GCC market expansion by 2026. Strategic investment models will continue driving sustainable change across the region.
FAQ
What is the purpose of the Awqaf & Minors Affairs Foundation?
The foundation manages endowment funds and wealth for minors, ensuring sustainable growth while supporting community development in Abu Dhabi.
How does the foundation align with UAE leadership goals?
It follows the vision of His Highness Sheikh Mohamed bin Zayed, focusing on social welfare, financial stability, and ethical investment.
Who oversees the foundation’s operations?
HE Abdul Hamid Mohammed Saeed (Chairman) and HE Fahad Al Qassim (Director General) lead strategic initiatives to maximize impact.
What are the core values of the foundation?
Integrity, innovation, and excellence drive its mission to transform endowments into lasting community benefits.
Can individuals contribute to endowment campaigns?
Yes. Programs like the Life Endowment Campaign welcome public participation to aid chronic disease patients and other causes.
How does the foundation ensure transparency?
Strict governance frameworks and partnerships with reputable institutions uphold accountability in fund management.
Where can I learn more about recent initiatives?
Updates are shared via Abu Dhabi Media Office, Instagram, LinkedIn, and Twitter (@ADMediaOffice).
