Funding & execution
Funding that keeps giving
Donors fund the units; Awqaf Dubai manages them once built; ASICO oversees the process.
The financing mechanism
How funding works
The funding mechanism is simple.
01
The donor pays
The donor pays the value of a property unit.
02
Awqaf Dubai manages
Awqaf Dubai manages the waqf units after construction.
The contribution process
From first contribution to a managed waqf
ASICO Real Estate, the specialised real-estate brokerage arm of Al Suwaidi Group, oversees the waqf contribution process for the units.
Unit prices are set according to the market price to secure cash flow for Awqaf Dubai. That keeps it able to keep buying and developing new land, which grows the charitable revenue available to expand its endowments.
Ready to talk about a contribution?
Our team can walk you through the process.