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Mohammed bin Rashid issues the law “Endowment Foundation and Minors’ Fund Management in Dubai”

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, may God protect him, in his capacity as Ruler of the Emirate of Dubai, issued Law No. 17 of 2022 “The Endowment Foundation and the Management of Minors’ Funds in Dubai” with the aim of contributing to the realization of the vision of the United Arab Emirates In development, achieving the happiness and well-being of its members, developing the endowment through a contemporary Islamic and social perspective, encouraging good people to revive and consolidating the endowment as a benign sunna, and taking care of endowments, preserving them, managing them and investing their assets, in order to achieve their legitimate purposes.

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