AMAF and KAHF to Partner for Endowment Project

Thursday, 22nd December 2016

Awqaf and Minor Affairs Foundation (AMAF) and Khalaf Ahmed Al Habtour Foundation (KAHF) signed an awqaf investment partnership contract over the construction of a charity endowment building, according to WAM news agency on Thursday.

The endowment building is a- four-storey- commercial residential development to be built on a – 5,433 square- foot land plot in Dubai’s Al Bada area at a cost of AED 8mn; and all proceeds will be transfered to the AMAF’s Umom Al Kheir Bank.

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