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UAE-based bank donates AED 5 million for Kerala flood victims

The Dubai Islamic Bank confirmed on Monday that it has set aside Dh 5 million (Rs 9.5 crore) to help with the relief efforts in southern India.

The funds are coursed through the Mohammed Bin Rashid Al Maktoum Humanitarian & Charity Establishment (MBRCH), which is tasked to undertake international humanitarian and charity work in disaster-hit areas.

Ibrahim Boumelha, Counsellor of the Ruler of Dubai for Humanitarian and Cultural Affairs and Vice-Chairman of the Board of Trustees of the MBRCH, said: “This generous contribution (from the Dubai Islamic Bank) is fully dedicated to the relief of our Indian brothers in Kerala.”

Abdullah Al Hamli, Board Member, DIB, said the bank remains committed to the government’s goals in supporting humanitarian efforts across the globe. “The DIB, being a premier Islamic financial institution, is proud to partner in such initiatives aimed at alleviating suffering and building a better future for humanity at large.”

DIB’s financial aid is in response to the directives of His Highness Shaikh Khalifa bin Zayed Al Nahyan, president of the UAE, His Highness Shaikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai, and His Highness Shaikh Mohammed bin Zayed Al Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces.

The Khalifa Bin Zayed Al Nahyan Foundation (KBZF) had earlier launched an emergency relief campaign to help the flood victims. Indian entrepreneurs, including retail tycoon Yusuf Ali M.A., owner of LuLu Hypermarkets, and Dr. B. R. Shetty, founder and chairman of NMC Healthcare, had each donated millions of dirhams.

Dubai-based Emirates SkyCargo said last week it was carrying more than 175 tonnes of aid to support relief efforts in Kerala.

Published on 28 August 2018