"Dubai Endowments" The first charitable will is recorded with the new command registry system
Dubai on June 1 /WAM /The Endowment and Palace Funds Foundation in Dubai recorded the first charitable will with a system of recording of the commandments for a good acting average that recommended a third of its properties for various aspects of goodness, righteousness and endowments.
The will was registered in cooperation and coordination with the Dubai Courts in accordance with the Foundation Law No. 17 of 2022 issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, “may God bless him”, which included many advantages for residents and communities from all sects and citizens from all the Emirates and give them the opportunity to recommend managing their realities through the institution to manage and invest in the interest of the heirs or the palace and those in their rule in “Register The commandments “at the” Dubai Endowments “in which the wills are bound by a ruling or decision by the competent court.
His Excellency Ali Al -Mutawa, Secretary -General of the Endowment and Palace Funds Management Foundation in Dubai, appreciated the active initiative that recommended a third of its properties for various aspects of good and supported the humanitarian endowment targets.
Al -Mutawa added that the record of the commandments includes all segments of the Emirati society, including citizens and residents and from various religions inside Dubai, in accordance with the provisions and legislations in force in the emirate, pointing out that the law gave them the opportunity to put their money and invest them in a safe government agency on the money of their minors and adults as well as managing and implementing the commandments directed to the general good in which he did not appoint a guardian.
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