Dubai Islamic Bank Donates AED6 Million To Khalifa Foundation, AED16 Million To Mohammed Bin Rashid Al Maktoum Humanitarian And Charity Establishment
The Khalifa bin Zayed Al Nahyan Foundation (KF) received a donation of AED6 million from the Dubai Islamic Bank (DIB).
The donation aims to support the foundation’s local educational, health and community projects, under the framework of the nationwide cooperation to address and reduce the negative effects of the coronavirus (COVID-19) pandemic on Emirati families in need of educational, health and food aid. It also aims to facilitate the release of prisoners and help pay their debts.
“The partnership between the foundation and the bank dates back several years, being a key strategic partner which supports the humanitarian efforts and other activities of the foundation, benefitting many citizens and resident families in the country,” said Mohammed Haji Al Khouri, Director-General of the Foundation.
Last year, KF received a AED1.2 million donation from the DIB to support its efforts to provide laptops to school and university students.
The financial support was part of efforts to implement remote learning initiatives as part of UAE measures to prevent the spread of COVID-19.
Under the same framework, the Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment also received a donation of AED16 million from the DIB to support the establishment’s national charity and humanitarian projects in the areas of education, health and community support.
Saleh Zaher Al Mazrouei, Director of the Establishment, said that the partnership with the bank began many years ago and is in line with the national humanitarian objectives aimed at enlarging the scope of charitable and humanitarian activities while underscoring the bank’s keenness and commitment to promoting the principles of solidarity and cooperation between members of the community.