Kuwait Finance House donates for Pakistan floods victims
- Kuwait: Wednesday, August 18 - 2010 at 13:26
- PRESS RELEASE
Chairman and Managing Director of Kuwait Finance House (KFH) Bader Abdul Muhsen Al-Mukhaizeem announced that the donation by KFH of $2m to aid victims of the floods in Pakistan through the Kuwait Red Crescent Society comes as a confirmation of the social mission of KFH in its broadest sense.
Al-Mukhaizeem stated in a press release that KFH will hand over within the next two days the donation check to the Kuwait Red Crescent Society, expressing the hope that it will contribute to alleviating the suffering of our brothers affected by major flooding which caused devastation and the destruction of many buildings and facilities, and left thousands of displaced and missing persons.
He confirmed that KFH is keen to participate in official efforts geared towards the relief of friendly countries, which will reinforce the bright image of Kuwait and its people's generosity and maximizes the concept of cooperation and rapprochement between the nations in serving the noble humanitarian causes.
Al-Mukhaizeem went on to say, KFH provided and continues to provide assistance in various fields within Kuwait through the authorities and official bodies, as an ongoing effort by KFH to help the charitable committees and societies to perform their expected role and support their different competencies. Kuwait Zakat House received a recent donation from KFH worth KD3.372m to be distributed by the Zakat House by way of support for different bodies and activities, families and individuals in accordance with rules established by the Zakat House, during the blessed days of the Month of Ramadan, which calls upon Muslims to demonstrate values of cooperation and brotherhood, as well as giving for a good cause. KFH hopes that the donation will alleviate part the suffering of those affected in Pakistan as a result of the floods.
At the local level KFH strives to perform its social role, which stems from the premise that money has a role in society that is equally important in sustaining charitable work and development activities through NGOs and official institutions, Ministries and associations for the public benefit, in support of government efforts in this regard. Moreover, KFH's performance of and attendance to its social role stems from its role as an Islamic financial institution that shares the sense of belonging to the greater Muslim nation coupled with the responsibility to support key priorities in various communities to attain comprehensive development in various fields.
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