𝐔𝐀𝐄 𝐎𝐩𝐞𝐧𝐬 𝐔𝐩 𝐒𝐚𝐟𝐞𝐬𝐭 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭: 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐬 𝐂𝐚𝐧 𝐍𝐨𝐰 𝐁𝐮𝐲 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐁𝐨𝐧𝐝𝐬 𝐟𝐫𝐨𝐦 𝐀𝐄𝐃 𝟒,𝟎𝟎𝟎

In a landmark move toward financial inclusion and Islamic finance accessibility, the UAE Ministry of Finance has launched the 𝐑𝐞𝐭𝐚𝐢𝐥 𝐒𝐮𝐤𝐮𝐤 initiative—offering individual investors, including residents and citizens, direct access to 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭-𝐛𝐚𝐜𝐤𝐞𝐝 𝐓𝐫𝐞𝐚𝐬𝐮𝐫𝐲 𝐒𝐮𝐤𝐮𝐤 (𝐓-𝐒𝐮𝐤𝐮𝐤). This initiative marks a pivotal shift in how secure, Shariah-compliant instruments are made available to the public.

https://lnkd.in/d8NfdqNz

 𝐖𝐡𝐚𝐭 𝐈𝐬 𝐑𝐞𝐭𝐚𝐢𝐥 𝐒𝐮𝐤𝐮𝐤?

  #RetailSukuk  #IslamicFinance  #GovernmentBonds  #SmartSavings  #DigitalBankingUAE  #HalalInvestments  #PersonalFinanceUAE

⚠️ Disclaimer: This post is for general informational purposes only and not legal advice. For specific guidance, please consult a UAE legal professional.

𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐀𝐛𝐨𝐥𝐢𝐬𝐡𝐞𝐬 𝐊𝐚𝐟𝐚𝐥𝐚 𝐒𝐲𝐬𝐭𝐞𝐦, 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐞𝐬 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭-𝐁𝐚𝐬𝐞𝐝 𝐄𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤

As part of its 𝐕𝐢𝐬𝐢𝐨𝐧 𝟐𝟎𝟑𝟎 reforms, Saudi Arabia has officially 𝐚𝐛𝐨𝐥𝐢𝐬𝐡𝐞𝐝 𝐭𝐡𝐞 𝐊𝐚𝐟𝐚𝐥𝐚 𝐬𝐲𝐬𝐭𝐞𝐦, replacing it with a 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐮𝐚𝐥 𝐞𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 that empowers migrant workers and aligns with global labor standards.

https://lnkd.in/dgFi-iTM

 Key Changes

• Job Mobility: Workers can change employers without sponsor approval after contract completion or under specific conditions (e.g., wage delays).
• Freedom of Movement: No more exit/re-entry permits from sponsors — workers can travel freely.
• Digital Contracts: Employment relationships are now governed by formal contracts, often managed via platforms like Qiwa.
• Legal Access: Expanded access to labor courts and complaint mechanisms ensures better protection against abuse.

Why It Matters

This reform affects millions of foreign workers and marks a major step toward transparency, competitiveness, and human rights compliance in the region. It also sets a precedent for neighboring Gulf countries to revisit their own labor frameworks.

#KafalaAbolished #LaborReformSaudi #MigrantRights #ContractBasedEmployment  #JobMobility#WorkersRights

 

⚠️ Disclaimer: This post is for general informational purposes only and not legal advice. For specific guidance, please consult a UAE legal professional.

𝐁𝐞𝐲𝐨𝐧𝐝 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟏𝟕𝟑: 𝐌𝐚𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐡𝐚𝐫𝐠𝐞 𝐒𝐡𝐞𝐞𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐍𝐞𝐰 𝐄𝐫𝐚 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚𝐧 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐋𝐚𝐰

𝐎𝐧 𝐭𝐡𝐞 𝟏𝟐𝐭𝐡, 𝐡𝐮𝐧𝐝𝐫𝐞𝐝𝐬 𝐨𝐟 𝐟𝐫𝐞𝐬𝐡 𝐥𝐚𝐰 𝐠𝐫𝐚𝐝𝐮𝐚𝐭𝐞𝐬 𝐰𝐞𝐫𝐞 𝐟𝐨𝐫𝐦𝐚𝐥𝐥𝐲 𝐞𝐧𝐫𝐨𝐥𝐥𝐞𝐝 𝐚𝐬 𝐚𝐝𝐯𝐨𝐜𝐚𝐭𝐞𝐬 𝐛𝐲 𝐭𝐡𝐞 𝐁𝐚𝐫 𝐂𝐨𝐮𝐧𝐜𝐢𝐥 𝐨𝐟 𝐊𝐞𝐫𝐚𝐥𝐚. This two-day ceremony marks a pivotal moment — transitioning a cohort of dedicated students into officers of the court, ready to uphold the traditions of the Bar while navigating the complexities introduced by India’s new criminal and evidence laws: the 𝐁𝐡𝐚𝐫𝐚𝐭𝐢𝐲𝐚 𝐍𝐲𝐚𝐲𝐚 𝐒𝐚𝐧𝐡𝐢𝐭𝐚 (𝐁𝐍𝐒) 𝐚𝐧𝐝 𝐁𝐡𝐚𝐫𝐚𝐭𝐢𝐲𝐚 𝐍𝐚𝐠𝐚𝐫𝐢𝐤 𝐒𝐮𝐫𝐚𝐤𝐬𝐡𝐚 𝐒𝐚𝐧𝐡𝐢𝐭𝐚 (𝐁𝐍𝐒𝐒).

As they step into the courtroom, they face a transformed legal landscape shaped by these reforms. Their induction is not just a personal milestone, but a crucial reinforcement of the State’s judiciary — bringing renewed energy to the pursuit of justice across Kerala’s courts.

https://lnkd.in/dWXxfrPy

 

#CalicutLawCollegeAlumni #KeralaBarEnrolment #LawyersOfKeralaAlumni 

#UAELegalJobs #KeralaLawyers #BarCouncilKerala #DistrictAndSessionsCourt

⚠️ Disclaimer: This post is for general informational purposes only and not legal advice. For specific guidance, please consult a UAE legal professional.

𝐔𝐀𝐄 𝐁𝐚𝐧𝐬 𝐂𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭, 𝐒𝐞𝐜𝐮𝐫𝐢𝐧𝐠 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐅𝐮𝐭𝐮𝐫𝐞 𝐟𝐨𝐫 𝐀𝐥𝐥 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭

The UAE Federal Supreme Court’s January 2024 decision (Case No. 1254 of 2023) marks a watershed moment in financial jurisprudence, reaffirming the 𝐩𝐫𝐨𝐡𝐢𝐛𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 and anchoring lending practices in fairness and legal clarity.

𝐋𝐞𝐠𝐚𝐥 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬

•        𝐀𝐫𝐭𝐢𝐜𝐥𝐞 𝟏𝟐𝟏(𝟒), 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐃𝐞𝐜𝐫𝐞𝐞-𝐋𝐚𝐰 𝐍𝐨. 𝟐𝟑 𝐨𝐟 𝟐𝟎𝟐𝟐 (𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐧𝐤 𝐋𝐚𝐰)

•        𝐀𝐫𝐭𝐢𝐜𝐥𝐞 𝟖𝟖, 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐋𝐚𝐰 𝐍𝐨. 𝟓𝟎 𝐨𝐟 𝟐𝟎𝟐𝟐 (𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐋𝐚𝐰)

These provisions prohibit 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐨𝐧 𝐚𝐜𝐜𝐮𝐦𝐮𝐥𝐚𝐭𝐞𝐝 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭, mandate 𝐬𝐢𝐦𝐩𝐥𝐞 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐨𝐧𝐥𝐲, and cap total interest at the 𝐨𝐫𝐢𝐠𝐢𝐧𝐚𝐥 𝐩𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐯𝐚𝐥𝐮𝐞—even when delay interest is applied.

https://lnkd.in/dZdvGMp7

#UAELendingReform #NoCompoundInterest #EthicalBanking #UAEFederalCourt#BucksCapitalNetwork #LegacyInvesting 

⚠️ Disclaimer: This post is for general informational purposes only and not legal advice. For specific guidance, please consult a UAE legal professional.

𝐅𝐫𝐨𝐦 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐕𝐢𝐬𝐚 𝐭𝐨 𝐆𝐨𝐥𝐝𝐞𝐧 𝐕𝐢𝐬𝐚: 𝐔𝐧𝐥𝐨𝐜𝐤 𝐘𝐨𝐮𝐫 𝐔𝐀𝐄 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐚 𝐃𝐡𝟐𝐌 𝐃𝐮𝐛𝐚𝐢 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲

As a businessman holding an investor visa, you've already made a significant commitment to Dubai. Lately, many of you have asked the same question: “Is my AED 2 million property investment enough to qualify for a Golden Visa?” The answer is a confident yes. This pathway is formally backed by 𝐀𝐫𝐭𝐢𝐜𝐥𝐞 𝟖 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐧𝐧𝐞𝐱 𝐭𝐨 𝐂𝐚𝐛𝐢𝐧𝐞𝐭 𝐑𝐞𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐍𝐨. (𝟔𝟓) 𝐨𝐟 𝟐𝟎𝟐𝟐, which outlines the Executive Regulations of 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐋𝐚𝐰 𝐛𝐲 𝐃𝐞𝐜𝐫𝐞𝐞 𝐍𝐨. (𝟐𝟗) 𝐨𝐟 𝟐𝟎𝟐𝟏 on Foreigners’ Entry and Residence. Your 𝐀𝐄𝐃 𝟐 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 investment—whether in completed or off-plan property—represents the most direct and secure route to a 𝟏𝟎-𝐲𝐞𝐚𝐫 𝐆𝐨𝐥𝐝𝐞𝐧 𝐕𝐢𝐬𝐚, offering you and your family unmatched long-term stability in the UAE.

"Here's a breakdown of the key points you need to know:

• 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐓𝐡𝐫𝐞𝐬𝐡𝐨𝐥𝐝: A real estate investment of at least AED 2 million is the primary requirement for a 10-year Golden Visa. This can be one or more properties.
• 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐓𝐲𝐩𝐞: The investment can be in completed or off-plan properties in a freehold area of Dubai.
• 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞𝐝 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬: You can still be eligible even if the property is mortgaged. However, you must provide a no-objection certificate from the bank and show proof that you have paid a significant portion of the value, with some sources indicating a minimum of AED 2 million in paid equity.

https://lnkd.in/dCgMZM_K

• 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: The Golden Visa offers numerous advantages, including:
• A 10-year renewable residency visa.
• The ability to sponsor your spouse, children (regardless of their age), and parents.
• No need for a local sponsor.
• The freedom to stay outside the UAE for more than six months without the visa becoming invalid.
• Access to exclusive benefits like the Esaad privilege card, which offers discounts at various businesses.

𝐇𝐨𝐰 𝐭𝐨 𝐏𝐫𝐨𝐜𝐞𝐞𝐝:

The application process is handled by the Dubai Land Department (DLD) and the General Directorate of Residency and Foreigners Affairs (GDRFA). You will need to:

• Gather Required Documents: Prepare documents such as your passport, the property's e-Certificate of Title or Title Deed, a recent personal photo, and proof of your current residency status if you have an existing visa.
• Application and Fees: The application can be submitted through a service center or online. There are various fees involved for the medical examination, the Emirates ID, and the residency permit itself.

Given that you already have an investor visa and a property valued at AED 2 million, you meet the main criteria for applying for the Golden Visa.

 #GoldenVisaUAE,   #UAEResidency,  #DubaiPropertyInvestment,  #LiveInUAE,  #10YearVisa

 

⚠️ Disclaimer: This post is for general informational purposes only and not legal advice. For specific guidance, please consult a UAE legal professional.