Khan Bhadur Ahmed Allaudin set up the Madina Waqf by donating 15 Lakh to construct Mecca Madina Allauddin Wakf Building in the vicinity of Charminar and from the income generated, the poor in Saudia, Iraq and Hyderabad were helped. Building was constructed with the purpose to support the Residents of Madina, a holy city for Muslims in Saudi Arabia. The rent of this commercial and Residential building was distributed among the residents of Madina Munawara Hijaz in olden days. There are around 200 shops and 100 flats in this building.
Khan Bahadur Ahmed Allaudin (or Alladin as he was called by many) had a magnetic personality and he left a lasting impression on people. He was born in 1885 in Bombay and migrated to Hyderabad with his family Khan Bhadur Ahmed Allaudin was a great philanthropist. In 1929 he created a Waqf and from the funds educated the poor students and gave scholarships to them. In 1944 he chartered a plane and took his relations and some persons who could not afford to go on their own, for Hajj. Whilst there he was saddened to see the plight of the poor Saudis and vowed to help them This was before the discovery of oil in Saudi Arabia.