Waqf (Islamic endowment or charitable trust) donors will now be able to obtain a UAE Golden Visa under the category of "financial supporters of humanitarian work," following the signing of cooperation agreement between the General Directorate of Identity and Foreigners Affairs - Dubai (GDRFA-Dubai) and the Endowments and Minors Affairs Foundation (Awqaf Dubai) on Friday.
Under the agreement, Awqaf Dubai will nominate endowers — both residents and non-residents — who meet the eligibility criteria outlined in Cabinet Resolution No. (65) of 2022 regarding the Golden Visa category for “financial supporters of humanitarian work.”
GDRFA Affairs - Dubai will then issue residency permits based on the approved recommendations. A joint committee will also be formed between both parties to monitor implementation and assess outcomes to ensure the achievement of the intended social objectives.
“This partnership comes as part of (our) commitment to reinforcing Dubai’s position as a global center for tolerance and humanitarian giving, while promoting institutional integration in support of national efforts aimed at making Dubai the most sustainable and human-centered city in the world,” GDRFA said in a statement.
Lt-Gen Mohammed Ahmed Al Marri, GDRFA director general, added the agreement “represents an advanced model of governmental integration aimed at empowering endowers to contribute to community development through impactful initiatives that promote the values of giving and sustainability.”
Awqaf Dubai carries out regulatory supervision over endowments by looking after, investing, and managing endowments. It also utilises the generated revenues on sustainable Sharia-compliant projects and initiatives across the UAE for the betterment of society.
Ali Mohammed Al Mutawa, Awqaf Dubai secretary-general, noted giving Golden Visa to financial supporters of humanitarian work, “reflects Dubai’s vision of positioning endowment work as an active partner in sustainable development, in recognition of their role in fostering solidarity and social responsibility.”
culled from Khaleej Times
