The donation was made in the presence of Mohammed Saeed Al Shari, Executive Vice President, Finance, DIB; Ahmed Khalfan bin Khirbash, Senior Vice President, DIB; and Abdullah Abd Al Rahman representative of HAT.
Mohammed Saeed Al Shari said: "DIB's vision meets HAT's plan in extending its charity activities to cover all the emirates in the UAE. This donation signals DIB's commitment to local and regional charities and reflects our belief in supporting the Takaful concept in the UAE community."
He added: "The association is active in supporting needy families, it has more than 10 million beneficiaries, mainly poor, needy, orphans and elderly persons.
HAT have conducted about 1,500 charitable, humanitarian and development projects which greatly reduced the sufferings of poor and needy people worldwide.
HAT constructed more than 28 hospitals and clinics in addition to 35 mobile clinics at sites of disasters and crises. Furthermore, HAI dispatched more than 195 medical convoys providing medical treatment and examinations for the poor and the needy.
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Dubai Islamic Bank donates AED 2 million to support Human Appeal International projects
- United Arab Emirates: Tuesday, July 17 - 2007 at 14:44
- PRESS RELEASE
Dubai Islamic Bank (DIB) announced today that it has donated AED 2 million to support the Human Appeal International (HAT) projects.
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DIB ProfileDubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices. The bank has recently announced the breaking of another world record by raising US$3.52 billion Sukuk for the Nakheel Group. This Sukuk adopted a 1st of its kind structure never used before in Islamic or conventional banking history.
As recognition of its leading role in the international arena, DIB has received many awards from international organizations such as the prestigious "Bank of the Year - UAE" award for 2006 by The Banker magazine and accolades from Euromoney as well. In 2006, DIB received international credit rating by Standard & Poor's and Moodys.
For further information, please contact:
Tarek Fleihan
Mobile: (+97150) 5198511
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Fax: +971-4-3344556
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, July 17 - 2007 at 14:44 UAE local time (GMT+4)
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