Fayafi Investment Holding, a prominent firm from the UAE, has announced the creation of a $50 million social impact fund to coincide with the holy month of Ramadan. This initiative aims to provide support for education and healthcare to low-income families, reflecting the company’s commitment to social responsibility.

The newly established fund will focus on two main areas: educational support and access to healthcare. It plans to offer scholarships, learning materials, and financial aid to students from underserved communities, facilitating their access to quality education and future opportunities. Additionally, the fund will provide sponsorship for medical treatments and essential healthcare services, prioritizing critical care, maternal health, and pediatric support.

Fayafi intends to collaborate with educational institutions, healthcare organizations, and non-governmental organizations to effectively serve communities in need. By optimizing resource allocation, the fund aims to maximize its social impact and ensure that its initiatives reach those who require assistance the most.

According to Zawya, Patrick Pilati, Executive President of Fayafi Investment Holding Limited, emphasized the importance of Ramadan as a time for unity and generosity. He stated, “At Fayafi, we believe that true progress is measured not only by financial success but also by the positive impact we create in people’s lives.” He highlighted that the $50 million fund is a commitment to making education and healthcare accessible to those in need, contributing to a more prosperous and equitable future.

Fayafi is inviting corporations, investors, and philanthropic partners to join this mission and enhance access to education and healthcare across the region. Interested organizations and individuals can inquire or apply for funding through the company’s website.

In addition to its philanthropic endeavors, Fayafi Investment Holding is recognized for its financial innovation and sustainability efforts. As the first UAE firm registered on the SIX Swiss Exchange and listed on the Vienna Stock Exchange, it holds the distinction of being the highest-value publicly listed company from the UAE on foreign stock exchanges, reinforcing Dubai’s position as a global financial hub.