Dubai - Mubasher: Emirates Islamic, a leading Islamic financial institution based in Dubai, has catered AED 2 million to the Dubai Community Development Authority (CDA) from its Zakat Account in a bid to support low-income Emirati families through CDA’s Social Solidarity Fund.
The step comes in line with Emirates Islamic’s commitment to support humanitarian initiatives in the UAE through its charitable fund and social responsibility programme, according to a press release on Sunday.
Awatif Al Harmoodi, general manager and operational governance at Emirates Islamic, commented: “At Emirates Islamic, we are always working to improve the life of Emarati citizens by reaching out to the less privileged amongst them and providing them assistance to meet their day-to-day needs. We are pleased to partner with the Dubai Community Development Authority to support this worthy cause during the blessed period, in keeping with our commitment to philanthropy and humanitarian initiatives.”
Meanwhile, CEO - social planning and development sector at CDA Saeed Al Tayer said: “CDA’s Social Solidarity Fund aims to develop the spirit of social solidarity and strengthen the bonds of cooperation among society members; it also aims to provide social assistance to beneficiaries and to help them overcome ordeals and emergencies.
“The private sector support such as the support by Emirates Islamic contributes to bridge [bridging] the gap between society members and promote [promoting] social solidarity and cohesion among the society. On behalf of the CDA, I would like to thank Emirates Islamic for this generous contribution, which will provide great impetus to our efforts towards bolstering community welfare,” Al Tayer added.
During the current holy month of Ramadan, Emirates Islamic is collaborating with a number of charitable and humanitarian organisations to carry out activities across the UAE.
Accordingly, the bank aims at maintaining its mission in supporting the community in Ramadan in line with the Year of Tolerance.
