Home News H.H. Sheikh Hamdan launches Endowment Sukuk

H.H. Sheikh Hamdan launches Endowment Sukuk

by Dubai Forum
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Tuesday, April 12th, 2022 3:34pm

By ARN News Staff

WAM

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.” 

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