UAE: The Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) has entered a partnership with Abu Dhabi Islamic Bank (ADIB) to expand the Emirate’s endowment ecosystem and accelerate its digital transformation initiatives.
Awqaf Abu Dhabi and ADIB will introduce an integrated framework to support licensed endowment entities across Abu Dhabi including endowment companies, institutions, real estate units, farms and other certified Waqf structures.
The agreement also enables the public to contribute directly to approved Awqaf Abu Dhabi portfolios through ADIB’s mobile and online banking platforms. Donors can channel contributions toward specific causes including orphans and vulnerable families, healthcare, education as well as social and community welfare.
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