Dubai Charity Association has received a financial contribution of $7 million (AED 28 million) from Dubai Islamic Bank, marking the culmination of a long-standing strategic partnership between the two organizations.
On this occasion, and in the presence of Nawaf Abdullah Al Raisi, Manager of Community Support Services Unit at Dubai Islamic Bank, Eng. Adel Al Suwaidi, Board Member and Treasurer of Dubai Charity Association, expressed the association’s pride in this fruitful partnership.
He affirmed that the continued support from Dubai Islamic Bank represents a long-term strategic investment in human capital and an effective means of empowering underprivileged families to overcome living challenges and regain social stability.
Regarding the mechanisms for disbursing and distributing this support, Al Suwaidi clarified that the amount represents the bank’s annual Zakat al-Mal proceeds. He emphasised that the association has developed a comprehensive operational plan to utilize it in accordance with the highest standards of governance and institutional integrity, ensuring that it reaches its rightful beneficiaries.
The distribution framework will include a wide range of impactful initiatives, starting with strengthening the healthcare sector for low-income patients, passing through educational empowerment programs aimed at covering school fees for students facing financial difficulties, and extending to social support projects dedicated to orphans, widows, divorced women, and people of determination, with a strong focus on securing a dignified standard of living for underprivileged families.
Furthermore, he noted that the relationship between the Dubai Charity and the bank has, over the years, become an inspiring national model of cooperation between the banking and charitable sectors, ensuring the achievement of comprehensive and sustainable community development goals.
