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VP sets up Majed Al Futtaim charity Foundation

posted on 28/12/2006: 1341 views



H.H Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, yesterday issued in his capacity as Ruler of Dubai a decree establishing the Majed Al Futtaim Charity Foundation.



According to the decree the new charity organisation shall be a corporate body of independent character and full-fledge competence to practise different charitable, humanitarian and cultural activities or those of public benefit. The organisation shall be headquartered in Dubai and may open branches inside or outside the country.



The mandate of the organisation is to build and support mosques, Islamic and cultural centres and Islamic research think-tanks, health and medical facilities, rehabilitation centres, housing complexes, orphanages and nurseries, elderly handicapped welfare centres and other establishments fostering and spreading Islamic heritage and civilisation.



The Foundation will also institute a series of awards after the Majed Mohammed Al Futtaim to honour scientists, intellectuals, researchers and thinkers in different sciences, literature and arts. The Dh 150 capital organisation shall be managed by a board of trustees. The decree went into effect from the date of issue, December 27,2006. (Emirates News Agency, WAM)

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