Dubai Islamic Bank supports RAKCHARITY with Dhs7 million

Dubai Islamic Bank (DIB) provided Dhs7 million to Ras Al Khaimah Charity Foundation (RAKCHARITY), completing its annual journey of benevolence and giving, and contributing to supporting charitable projects and initiatives implemented by the foundation for poor, low-income families.

Abdulaziz Al Zaabi, Chairman of the Board of Trustees of the Ras Al Khaimah Charity Foundation, appreciated the bank's keenness to support the foundation's charitable and humanitarian projects, and to cooperate with it annually regarding needy cases and poor families.

Al Zaabi added that the annual support provided by the DIB Zakat Fund to the foundation plays a pivotal role in enabling the foundation to fulfill its responsibilities in supporting all humanitarian projects and initiatives implemented by the foundation for poor families, especially assisting those who have received housing grants and loans, by covering the fees for electricity and water connection, and helping them provide household necessities, such as electrical appliances and furniture, thereby achieving family stability for them and contributing to relieving them of financial burdens.

This support also enhances the success of educational initiatives which the foundation is keen on, by ensuring the continuity of academic achievement for low-income individuals who are unable to pay outstanding school fees, and providing their school supplies, Al Zaabi said. He affirmed that this support, provided by the bank to various charitable and humanitarian organisations in the country, represents a ray of hope for needy families to meet their urgent needs.