Harbor Real Estate Presents AED 1 Million to Awqaf & Minors Affairs Foundation

April 20 22:24 2022

Dubai, UAE – April 20, 2022 – Harbor Real Estate presents AED 1 million to Sukuk Al Waqf, a collaborative initiative launched by HH Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum between National Bonds Corporation and Awqaf & Minors Affairs Foundation. The contribution is a part of Harbor Real Estate’s ongoing commitment to promoting philanthropic activities and altruism in the community, highlighting its special importance during the Holy Month of Ramadan. Sukuk Al Waqf is a Waqf program that provides a chance for depositors to help transform the lives of the needy. National Bonds will act as the Mudarib and Sukuk Al Waqf Manager, distributing generated profits to Awqaf & Minors Affairs Foundation, which, acting as Nazir AlWaqf, will utilize profits towards Sharia-compliant projects. In a series of tweets on Twitter, His Highness said: “Dubai today, through the Mohammed bin Rashid Al Maktoum Global Centre for Endowment Consultancy, launched Sukuk Al Waqf, an innovative charitable humanitarian product, the proceeds of which are spent on health, education and humanitarian projects while preserving assets.” 

Harbor Real Estate, a leading real estate service provider offering holistic real estate services to individual and institutional clients, which has achieved the gold ranking for a fifth time in a row, made the contribution within the first few days of Ramadan. It is also worth mentioning that Harbor Real Estate is an ISO certified customer service provider and an award-winning agency, which has received various prestigious awards and recognition from government entities across the UAE.

Mohanad Alwadiya, Chief Executive Officer of Harbor Real Estate, said, “Dubai represents a city model based on a culture of sustainable investment that makes positive changes and creates opportunities for happiness in the community, making a positive impact on people’s lives.”

He added, “We, in Harbor Real Estate, are fully aware that we are part of this community, so we must perform our duty towards it in terms of social responsibility and participating in making positive changes. They are all one family.”

The aim of this contribution is to support the program’s goals of providing education, religious awareness, poverty relief, healthcare services, empowering orphans and people of determination, and facing the economic, social and humanitarian repercussions resulting from the Covid-19 pandemic challenges on categories most affected by its results.

His Excellency, Ali Al-Mutawa, Secretary General of the Awqaf & Minors Affairs Foundation, said “We are pleased with the rapid response of several parties to the Sukuk Al Waqf initiative a few days after its launch, which reflects the great community interaction with the humanitarian initiatives adopted by the wise leadership and their keenness to support and succeed.”

Al-Mutawa praised the contribution of Harbor Real Estate to the humanitarian initiative, pointing out that Harbor is a strategic partner that supports the foundation and its charitable projects.

The collaborative program’s investments are aimed at enhancing the community’s happiness and quality of life, in line with the government’s strong focus on human welfare. 

About Harbor Real Estate 

Harbor Real Estate is a fully integrated real estate service provider based in Dubai and part of an established world-class group of real estate companies originated from Australia. Harbor Real Estate is the only real estate firm to achieve gold ranking 5 years in a row from Dubai Land Department.

Harbor’s services include: Research & Investment Advisory Services, Marketing, Sales & Rental Services, Property Asset Management Services, and Handover and Project Management and Development Supervision Services.

Harbor has an extensive clientele base that consists of public and private institutional investors and owner-occupiers. Harbor Real Estate has a dedicated team of award-winning property managers, brokers and consultants who are renowned for their expertise, high level of professionalism and insight into local and international markets. The company is committed to providing its customers with effective and efficient real estate solutions. Harbor Real Estate was also ranked among the top 5 real estate firms by Forbes magazine in 2017 and was voted as the best property management firm in the UAE by Property Times magazine.

For more information, please visit www.harbordubai.com

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