His Highness Sheikh Mohammed Bin Rashid Al Maktoum has issued
Law No.14 of 2017 for regulating endowments in Dubai. The
legislation will work to promote the role of endowments as a means
of community development and encourages the development of social,
scientific, cultural and environmental programmes in Dubai.
Dubai has been particularly progressive in terms of endowments,
just last year it launched the world's first centre for
endowment consultancy services, the Mohammad Bin Rashid
Global Center for Endowment Consultancy, with a vision to position
the emirate of Dubai as the global humanitarian capital. The centre
provides endowment consultancies for both regional and
international individuals and organizations in order to promote the
development of a society for the benefit of all people.
