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A British-based charity is on track to spend more than £12 million ($17m) on creating nine Islamic institutions across Europe despite growing legal obstacles to foreign funding.
The Nectar Trust, which is the UK arm of Qatar Charity, has funded the educational establishments in France, Italy, Germany and Belgium to help strengthen community cohesion.
But its work in France is facing difficulties following President Emmanuel Macron’s new law on social cohesion that includes stringent rules on foreign organisations investing in Islamic establishments.
Mr Macron launched his bill last year in Mulhouse, the same town as the site of the Nectar Trust’s largest project involving the construction of a multipurpose religious centre.
What I Buy And Why: Arts Philanthropist Hasnaine Yavarhoussen on the Collecting Scene in Madagascar and the Joys of Outdoor Art
The founder of Hakanto Contemporary, the first non-profit art space in Madagascar, has been collecting close to home this year.
The Madagascar-based philanthropist Hasnaine Yavarhoussen takes a “think globally, act locally” approach to collecting art.
Yavarhoussen, who is CEO of the green energy company Filatex group, made headlines last February when he opened the non-profit art space Hakanto Contemporary in Madagascar. The venue the first of its kind in the nation focuses on uplifting local artists, offering residencies and educational programming, and staging exhibitions.