Prince Rahim Al-Hussaini Aga Khan V has been named the 50th hereditary leader of the Shia Ismaili Muslims. The 53-year-old was designated as the Aga Khan V, the 50th hereditary Imam of the Ismaili Muslims,

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 Rahim Al-Hussaini has been named the new Aga Khan, spiritual leader of millions of Shia Ismaili Muslims around the world. He will take on the role from his father Prince Karim Aga Khan, who died on Tuesday at the age of 88.