The Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) has entered into a strategic partnership with Abu Dhabi Islamic Bank (ADIB) to enhance cooperation in developing the endowment ecosystem, supporting its digital transformation, and facilitating the growth of sustainable endowment contributions within Abu Dhabi.

Through this partnership, Awqaf Abu Dhabi and ADIB are introducing an integrated framework that supports licensed endowment entities across the Emirate, including endowment companies, institutions, real estate units, farms, and other certified endowment structures. The collaboration enables these entities to open dedicated, independent bank accounts with ADIB and access a tailored package of preferential banking services that facilitate the effective, accountable, and sustainable management of endowment funds.

Under the agreed framework, ADIB will provide Sharia-compliant banking solutions to endowment entities regulated by Awqaf Abu Dhabi, offering access to ADIB online banking services, collection and payment solutions, payroll services, and account management tools designed to enhance financial transparency and operational efficiency.

In support of Awqaf Abu Dhabi’s mission to expand impactful and accessible giving, the partnership also enables members of the public to contribute directly to a range of approved endowment portfolios through ADIB’s digital channels. Using ADIB’s mobile and online Banking solutions, contributors can securely donate to specific causes under Awqaf Abu Dhabi, including orphans and vulnerable families, healthcare, knowledge, and social welfare and community service. All contributions are channelled into designated Awqaf Abu Dhabi accounts, ensuring that funds are managed transparently, efficiently and in line with Sharia principles.

His Excellency Fahad Abdul Qader Al Qassim, Director General of Awqaf Abu Dhabi, said: “We aim to develop an advanced and trustworthy endowment ecosystem that serves society with transparency, efficiency and compassion. This partnership will support facilitating independent banking solutions for endowment entities and enabling secure digital giving channels, strengthening the foundations of sustainable philanthropy in Abu Dhabi. Every contribution is safeguarded, governed and directed to where it can deliver real, lasting impact for our community.”

Mohamed Abdelbary, Group Chief Executive Officer of Abu Dhabi Islamic Bank, said: “Our partnership with Awqaf Abu Dhabi reflects ADIB’s ongoing commitment to supporting the UAE’s endowment sector and enabling greater community participation through innovation and digitalisation. By introducing seamless digital contribution channels and empowering endowment entities with enhanced banking services, we are advancing financial inclusion while reinforcing our shared values of transparency, governance, and social responsibility."

The partnership framework reinforces Awqaf Abu Dhabi’s supervisory and regulatory role by providing structured mechanisms for oversight, while advancing the authority’s broader vision to position Abu Dhabi as a regional hub for innovative and transparent endowment models. By working with leading national financial institutions such as ADIB, Awqaf Abu Dhabi continues to build a resilient, inclusive, and well-governed ecosystem where endowments contribute meaningfully to social welfare, healthcare, education, and community development.