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Dubai - Emirates Islamic, one of the leading Islamic financial institutions in the UAE, contributed AED 300,000 to the Islamic Affairs and Charitable Activities Department (IACAD), towards the support of needy and disadvantaged members of the community. The contribution is in line with the Year of Giving and Emirates Islamic’s continuing commitment to humanitarian initiatives in the UAE.
On behalf of HE Dr. Hamad Bin Al Sheikh Ahmed Al Shaibani, Director General of the IACAD, Ahmad Darwish Al Muhairi, Executive Director for the Charitable Work Sector at IACAD, received the contribution cheque from Awatif Al Harmoodi, General Manager of Operational Governance at Emirates Islamic, in the presence of Mohammed Suleiman Al Bloushi, Director of Zakat Beneficiaries' Affairs Department and other officials.
Al Harmoodi praised the instrumental role that IACAD plays in terms of monitoring the needs of the less fortunate in the community, in addition to offering Emirates Islamic a platform of contribution to support charitable initiatives in the UAE.
“As an Islamic bank, it is our duty to help IACAD’s beneficiaries and we are delighted that our contribution will support their needs,” said Al Harmoodi.
“Emirates Islamic has previously supported a number of IACAD’s charitable and humanitarian initiatives and we will continue to support projects that contribute to the successful and fruitful partnership between our two organisations,” she added.
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About Emirates Islamic:
Established in 2004, as Emirates Islamic Bank, Emirates Islamic is one of the fastest growing banks in the UAE. Combining the best in Shari’a compliant services with the strongest levels of customer care and efficiency, the bank has established itself as a major player in the highly competitive financial services sector in the UAE. Offering products and services developed in line with the highest ethical standards, Emirates Islamic gives customers the transparency they seek in a strong, honest financial partner.
Emirates Islamic offers a comprehensive range of products and services across the Personal, Business and Corporate banking spectrum with a network of 64 branches and 204 ATMs/CDMs across the UAE. In the fast growing area of online and mobile banking, the bank has the reputation as an innovator, and was the first Islamic bank to launch a mobile banking app and the first bank in the Middle East to launch an App on the Windows 8 mobile platform.
Emirates Islamic has consistently received local and international awards, an acknowledgement of the bank’s strong record of performance, growth and market leading banking practices. The bank was named ‘Best Islamic Bank in the UAE’ at the 2015 World Finance Awards and also won the prestigious Euromoney Award for Innovation in Islamic Finance 2015. In the Islamic Business & Finance Awards 2015, the bank was named ‘Best Retail Bank, UAE’; ‘Best Commercial Bank, UAE’; and ‘Best Wealth Management, ME’. The bank won several industry accolades in 2016, including Innovator in Islamic Finance by Global Finance magazine for EI trade, the world’s first of its kind Shari’a-compliant online Trade Finance and Supply Chain platform and Fastest Growing Bank – UAE at the Banker Middle East Industry Awards 2016.
For further information please visit www.emiratesislamic.ae
© Press Release 2017
