Emirates Islamic contributes AED 2 million to support Emarati families
May 26, 2019
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has contributed AED 2 million to the Dubai Community Development Authority (CDA) from its Zakat Account, to support low-income Emarati families through CDA’s Social Solidarity Fund.
The contribution is in line with Emirates Islamic’s commitment to support humanitarian initiatives in the country through its charitable fund and social responsibility programme.
Commenting on the contribution, Awatif Al Harmoodi, General Manager, Operational Governance, Emirates Islamic, said: “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.”
Saeed Al Tayer, CEO – Social Planning and Development Sector at Dubai Community Development Authority, 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 the gap between society members and promote 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.”
This Ramadan, the bank is working with various charitable and humanitarian organisations to carry out activities across the UAE, in keeping with its mission to support the community it serves during the holy month, and the Year of Tolerance, as announced by His Highness Sheikh Khalifa Bin Zayed Al Nahyan, the President of the UAE.