ADX, Al Mabarrah partner to turn investments into lasting charity

The Abu Dhabi Securities Exchange (ADX) Group has entered into a memorandum of understanding with Al Mabarrah International Charitable Association to foster long-term humanitarian and community development projects in the UAE through its Endowment Shares Service. The agreement allows investors to donate shares of listed securities to support a variety of charitable causes, such as education, healthcare, elderly care, orphanages, and family support initiatives.

The memorandum was signed by Dr Ali Rashid Al Nuaimi, Chairman of Al Mabarrah’s Board of Directors, Ghannam Al Mazrouei, Chairman of ADX Group, Abdulla Salem Al Nuaimi, ADX Group CEO, and other Al Mabarrah management team members. Investors can donate shares through the Endowment Shares Service, with Al Mabarrah either retaining the securities for ongoing dividend income or selling them to fund high-impact charitable initiatives.

ADX will collaborate with Al Mabarrah to manage and oversee the donated assets. Dr Al Nuaimi emphasized the UAE’s long-standing commitment to charitable work and the partnership's contribution to strengthening cooperation on humanitarian causes and promoting a culture of giving among institutions in both government and private sectors.