Home News Saud bin Rashid Al Mualla Charitable and Humanitarian Establishment, Dubai Islamic Bank sign cooperation agreement

Saud bin Rashid Al Mualla Charitable and Humanitarian Establishment, Dubai Islamic Bank sign cooperation agreement

by Dubai Forum
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UMM AL QAIWAIN, 2nd December, 2022 (WAM) — Sheikh Majid bin Saud bin Rashid Al Mualla, Chairman of the Board of Trustees of the Saud bin Rashid Al Mualla Charitable and Humanitarian Establishment, attended the signing of an agreement between the establishment and the Dubai Islamic Bank to build 16 houses in Oud Al Tayer, Umm Al Qaiwain, worth AED10 million, which will be allocated to low-income citizen families.

Coinciding with the UAE’s 51st National Day, the agreement was signed by Rashid Hamad Al Hamar, Director-General of the Establishment, and Nawaf Al Raisi, Head of Community Support Services at the Dubai Islamic Bank, in the presence of Khalfan Ahmed Misfer and Mohammed Salem Al Malehi, members of the establishment’s board of trustees.

During the signing, Sheikh Majid stressed that the joint charity project between the establishment and the bank is part of their cooperation and mutual efforts to support low-income citizens.

The bank’s administration stressed that the agreement highlights its support for charitable projects in Umm Al Qaiwain and other emirates, noting that the establishment is a pioneer of charity and humanitarian work in the country.

Tariq Al Fahaam/ Hazem Hussein

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