Dubai: Sheikh Hamdan announces launch of ‘Endowment Sukuk’ project

Individuals, companies can contribute to health, educational and humanitarian programmes

Staff Writer, Khaleej Times

April 12, 2022

PHOTO

The Dubai Crown Prince has announced the launch of an ‘Endowment Sukuk’ that individuals and companies can contribute to. Proceeds from the project will go towards health, educational and humanitarian projects.

It will start at Dh100 million, announced Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

“Dubai is a pioneer in launching innovative initiatives not only in the economic and development sectors, but also in the humanitarian field. The Endowment Sukuk will support companies’ contributions in charity projects,” tweeted Sheikh Hamdan.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO