• Thursday, November 28,2024

Dubai Islamic Bank Donates AED 5 Million to Faraj Fund to Support Insolvent Inmates

As part of the Farajat" Initiative, Dubai Islamic Bank has contributed a generous donation of AED 5 million to the Faraj Fund of the Ministry of Interior. This support enabled the release of 85 financially insolvent inmates and convicts from penal and correctional institutions across the UAE. The donation aligns with the country’s celebrations of the 53rd National Day and emphasizes the initiative’s commitment to community well-being.

His Excellency Khalil Dawood Badran, Chairman of the Board of Directors of the Faraj Fund, extended his gratitude to Dubai Islamic Bank, acknowledging its pivotal role in supporting humanitarian initiatives. He highlighted the contribution’s impact on alleviating the suffering of inmates and their families while advancing the Fund’s strategic goals.

Dubai Islamic Bank reaffirmed its dedication to fostering charitable efforts and strengthening partnerships with national institutions, such as the Faraj Fund. The Bank emphasized its commitment to driving the success of community initiatives and reinforcing the values of giving and solidarity within the nation.