Home News H.H. Sheikh Hamdan launches Endowment Sukuk

H.H. Sheikh Hamdan launches Endowment Sukuk

by Dubai Forum
0 comment

Tuesday, April 12th, 2022 3:34pm

By ARN News Staff


His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has announced the launch of ‘Endowment Sukuk’, available to both individuals and companies.

Sheikh Hamdan said the investment will start at AED100 million with proceeds going towards health, educational and humanitarian projects.

His Highness tweeted, “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.” 

You may also like

Leave a Comment

About Us

Dubai Forum your daily news roundup covering news from Dubai, the United Arab Emirates and the Middle East region in general.

We share news about #people, #travel, #fashion, #startups and #Dubai #communities #DubaiForum