Banking & Finance
Dubai Islamic Bank donates AED16 million to Zakat Fund projects
ABU DHABI, (WAM) — The Dubai Islamic Bank donated AED16 million to the Zakat Fund, whose projects this year are being carried out under the slogan, “Your Zakat Means Safety and Security.”
Abdullah Aqeeda Al Muhairi, Secretary-General of the Zakat Fund, praised the bank for its donation, as well as for its positive humanitarian and charitable role in improving the standards of living of the categories supported by the fund, who include needy citizens and residents around the country.
“Our joint cooperation with top philanthropists, merchants and companies, led by the Dubai Islamic Bank, aims to increase the level of aid for needy people and enable them to face the hardships of life,” Al Muhairi said, noting that the bank annually supports charitable and social work around the country.
He also called on Islamic banks and institutions to follow the initiative of the Dubai Islamic Bank to provide zakat money to deserving groups and help the Zakat Fund achieve its goals.
-
Dossier1 month agoDossier, 2026
-
OER Magazines1 month agoOER, February 26
-
Banking & Finance1 month agoSohar International and Sohar Islamic Supports Over 100 Families in Al Wusta Governorate Through Its ‘Sohar Al Attaa’ Initiative
-
Banking & Finance1 month agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
Economy1 month agoMiddle East Tensions Heighten Risks to Strait of Hormuz, Raising Uncertainty for Global Oil Markets
-
Economy1 month agoAnalysis: Oman-India CEPA Opens Path to Deeper Trade Investment and Growth
-
Economy1 month agoANALYSIS: Oil Near Seven-Month Highs Amid US, Iran Tensions
-
Education2 months agoJebel View International School to Launch in Muscat in September 2026 & Now Open to Visit
