What is the punishment for misappropriation of the endowed property or its proceeds according to Article 29 of Federal Law No. (5) of 2018 on WAQF (Endowment)?
Without prejudice to any more severe penalty prescribed in any other law, and without prejudice to the provision of Article 17 of this Law, whoever misappropriates the endowed property or its proceeds shall be punished by imprisonment for a period not less than a year and/or a fine of not less than AED 50,000, and shall be obliged to return the same.