Awqaf Dubai has registered the largest family endowment (waqf) in its history, valued at AED 1.6 billion, established by the Al Dallal family. The landmark endowment comprises 111 individual waqfs, marking a significant milestone in the UAE’s philanthropic landscape and reinforcing Dubai’s leadership in promoting sustainable charitable giving with long-term social impact.
The newly registered family endowment is designed to support the descendants of the Al Dallal family while also contributing to broader charitable and community-oriented objectives. This model reflects the traditional Islamic concept of waqf, where assets are preserved and invested to generate continuous benefits across generations. By structuring the endowment in this way, the family has ensured financial sustainability, intergenerational support, and enduring social value.
Awqaf Dubai highlighted that the endowment aligns with its strategic vision to encourage innovative and sustainable endowment models that balance family welfare with societal development. The scale and structure of the Al Dallal family’s waqf demonstrate how private wealth can be channelled into long-term impact initiatives while remaining aligned with cultural and religious values.
The registration of 111 waqfs under a single family endowment also reflects strong governance, transparency, and professional management. Awqaf Dubai plays a key role in overseeing and regulating endowments to ensure assets are managed efficiently, returns are optimised, and beneficiaries receive sustained support over time. This framework strengthens trust in the waqf system and encourages more families and institutions to participate in organised philanthropy.
Beyond supporting family descendants, the endowment contributes to the wider culture of sustainable charitable giving in Dubai. Endowments provide a stable source of funding for social, educational, and humanitarian causes, reducing reliance on short-term donations and enabling long-term planning and impact.
The initiative also supports Dubai’s broader social development goals, which emphasise community cohesion, social responsibility, and inclusive growth. By promoting family endowments, Awqaf Dubai encourages individuals and families to play an active role in supporting economic resilience and social welfare.
Overall, the registration of the AED 1.6 billion Al Dallal family endowment represents a landmark achievement for Awqaf Dubai. It highlights the power of endowments as tools for sustainable philanthropy, reinforces family legacy values, and sets a new benchmark for long-term charitable impact in the UAE.
