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.

The accession ceremony of  Prince Rahim al-Hussaini Aga Khan V as the 50th hereditary Imam of the Shia Ismaili Muslims was held on Tuesday, February 11, in Lisbon, Portugal. The private religious ceremony at the Diwan of the Ismaili Imamat,

Hussaini, will oversee the plans to open the million-dollar Ismaili Muslim community hub after his father's recent passing.

Rahim Al-Hussaini was named Wednesday as the new Aga Khan, spiritual leader of the world's millions of Ismaili Muslims. The 53-year-old succeeds his father, who died on Tuesday.

Prince Karim, 88, was given the title of “His Highness” by Queen Elizabeth in July 1957, two weeks after his grandfather, the Aga Khan III, unexpectedly made him heir to the family’s 1,300-year dynasty as leader of the Ismaili Muslim sect.

Prince Karim, Aga Khan IV, was laid to rest in a private ceremony in Aswan, Egypt. His son, Rahim Al-Hussaini, has been named Aga Khan V, continuing the Ismaili Muslim spiritual leadership. World leaders attended a service in Lisbon.

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. The 53-year-old was designated as the Aga Khan V,