Mumbai: Prince Rahim Al-Hussaini Aga Khan V has been named as the 50th hereditary Imam or spiritual leader of the Shia Ismaili Muslims, following the unsealing of the Will of his late father, Prince Karim Al-Hussaini Aga Khan IV, who died in Lisbon, Portugal on Tuesday, aged 88.

Rahim Al-Hussaini was named Wednesday as the new Aga Khan, spiritual leader of the world’s millions of Ismaili Muslims, following the death of his father.

By bnm Tehran bureau Prince Rahim al-Hussaini has been named the new Aga Khan, becoming spiritual leader of 15mn Ismaili Muslims following the death of his father in Lisbon aged 88. The 53-year-old was appointed in his father's will unsealed on February 5 as the fifth Aga Khan and 50th imam of the Nizari Ismaili branch of Shia Islam,

LISBON, Portugal — The Aga Khan, who became the spiritual leader of the world’s millions of Ismaili Muslims at age 20 as a Harvard undergraduate and poured a material empire built on billions of dollars in tithes into building homes, hospitals and schools in developing countries, has died. He was 88.

The Aga Khan, imam of the Ismaili Muslims and head of a major development aid network, has died in Lisbon at the age of 88, his foundation announced on Wednesday.He was the founder and president of the Aga Khan Development Network,