Emirates Islamic Bank underlines significance of Ramadan with support for various initiatives
- United Arab Emirates: Tuesday, August 14 - 2012 at 16:01
- PRESS RELEASE
Emirates Islamic Bank (EIB) announced that it is one of the sponsors of the sixth Takatof Ramadan Project, launched recently by the Emirates Foundation for Youth Development.
This year, EIB and other partners will assist the Foundation to provide assistance in kind including, food coupons, blankets, clothes, school bags and other requirements. Other activities under the Takatof Ramadan programme include, repair and maintenance of mosques, visiting the sick and needy and distributing gifts.
"Traditionally, Ramadan is the month of giving and acts of charity and community support are extremely significant during this time," said Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic Bank and Dubai Bank. "In keeping with our role as a leading Islamic finance institution, EIB is supporting various initiatives related to charity and social responsibility, including the Takatof Ramadan project and the Zakat Fund."
Emirates Islamic Bank is also serving as a key sponsor for the Zakat Fund Ramadan Campaign, which aims to emphasise the importance of Zakat during the Holy Month. The Zakat Fund is a federal body that facilitates Zakat, the annual charitable donations by Muslims.
Other Ramadan-focused activities at Emirates Islamic Bank include its support of the Al Ajer initiative and the partnership with Dar Al Ber Society. Al Ajer initiative was launched by Sheikh Majid bin Mohammed's Private Office to encourage people to understand the importance of forgiveness, while through its partnership with Dar Al Ber Society, EIB delivers daily Iftar meals to mosques across the UAE.
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