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Sharjah Charity, Dubai Islamic Bank sign Zakat cooperation deal

May 10, 2026 / 5:44 PM
Sharjah Charity, Dubai Islamic Bank sign Zakat cooperation deal
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Sharjah 24: Sharjah Charity International signed a cooperation agreement with Dubai Islamic Bank to enhance joint efforts in supporting SCI's charitable projects funded by the Zakat Project. This aims to provide support within an institutional framework that achieves the goals of charitable and humanitarian work.

Strengthening Zakat Project collaboration

Sharjah Charity International announced its collaboration with Dubai Islamic Bank to strengthen joint efforts in supporting SCI's charitable projects funded by the Zakat Project.

This collaboration aims to organize the bank's funding and support for the Zakat al-Mal project from the Dubai Islamic Bank Zakat Fund, which the bank distributes. This aims to provide support within an institutional framework that achieves the goals of charitable and humanitarian work.

Increasing the volume of aid

During the signing of the agreement with Dubai Islamic Bank representative Nawaf Abdullah Al Raisi and the Director of Community Support Services, Abdullah Sultan bin Khadem, Executive Director of SCI, explained that this cooperation reinforces the existing partnership between SCI and the bank, which continues to support the Charity's projects, specifically the Zakat al-Mal project, on an annual basis. He noted that this agreement will play a significant role in increasing the volume of aid provided from the Zakat al-Mal allocations.

Providing annual support for the Zakat Fund Project

The Executive Director of the Charity added that Dubai Islamic Bank provides annual support for the Zakat Fund project. This year, the amount of Zakat contributed reached AED 17 million, bringing the total amount provided by the bank to SCI from 2010 to early 2026 from the Dubai Islamic Bank Zakat Fund to approximately AED 186 million. The Charity distributes these funds according to the Sharia-compliant categories for Zakat distribution.

Supporting needy families and eligible groups

Ibn Khadem expressed his gratitude for these contributions from Dubai Islamic Bank to the Charity, which enhance the value of charitable work and significantly contribute to achieving SCI's goals and vision of supporting needy families and eligible groups who meet the criteria for Zakat Fund assistance.

 

May 10, 2026 / 5:44 PM

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