top
close

MEDIA CENTER

News

17.08.2021Dubai Islamic Bank supports Al Faraj Fund with 5 million dirhams

The Faraj Fund, in collaboration with Dubai Islamic Bank, launched the "Furejat" initiative to support and assist insolvent inmates held in penal and correctional institutions by releasing them and alleviating the suffering of their families.

Dubai Islamic Bank provided 5 million dirhams in financial support to the Faraj Fund from zakat money, and 37 insolvent convicts in financial cases who were released before Eid Al-Adha benefited from it. This is within the framework of the social responsibility of the private sector in cooperation with Faraj Fund to promote social solidarity, which aims at providing a decent life for the inmates and their families.

Khalil Daoud Badran, Chairman of the Board of Directors of Al-Faraj Fund, stressed the importance of the partnership between the Fund and Dubai Islamic Bank, which is one of the largest supporters of charitable programs and humanitarian initiatives implemented by Faraj Fund.

He explained that Faraj fund works under the supervision of the Ministry of Community Development, which supports all social and humanitarian initiatives, which are aimed at social solidarity and strengthening partnership with various government institutions and departments to achieve the goals and directions of the state giving attention to human rights and other social standards in support of the concept of family entity and maintenance of its cohesion as the basic nucleus to society.