Methaq donates AED 3 million ($817,000) to UAE Red Crescent Authority


25/01/2011 00:00 AST  CPI Financial

Abdullah Al-Maamari, Managing Director, Methaq Takaful, presented the cheque to HE Ahmed Humaid Al Mazrouie, , Chairman of the RCA's Board of Directors, at the RCAs' headquarters in Abu Dhabi, in presence of HE Mohammed Khalifa Al Qemzi, RCA Secretary General, and Khalil Ghneim, Methaq's General Manager.

Al-Maamari said, "We are keen to give the Zakat money to the concerned official bodies in the UAE to take the responsibility of distributing it to the needy and beneficiaries through their Islamic banks.

"The RCA plays a significant role in helping needy families and the poor in the country. Its activity expands all over the world in an effort to reach out to the poor and the needy wherever they are. This is why Methaq decided to give AED 3 million Zakat amount to the RCA in support of its efforts and initiatives."

He pointed out that Methaq Takaful is fully aware of its social responsibility obligations, and it is always keen to pay Zakat on time, in addition to offering donations and aid as a part of the social responsibility it shoulders towards local and global humanitarian issues and social solidarity and its commitment to support community development endeavours.

Methaq Takaful Insurance Co. - METHAQ
2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | News Archive

JAN | FEB | MAR | APR | MAY
Most Viewed Companies
Ticker Price Volume
RIBL 23.55 223,116
UCA 36.4 352,675
SAGRINSURANCE 25.8 650,948
BURUJ 48 1,065,514
WATANIYA 101.75 533,985
EMAAR 5.97 37,886,530
DIB 3.3 57,083,569
Recent News

Mashreq wins double at Smart Card Awards Middle East 2013
Leading UAE National financial institution, Mashreq was a big winner at the recently held Smart Card Awards MiddleEast 2013 ceremony. Mashreq won over the independent panel of expert judges to walk a

Alba raises contractor safety awareness
Aluminium Bahrain B.S.C. (Alba)'s commitment to increased safety awareness across the entire plant and to steer the organisation towards a zero accident work environment continues to gain greater mom

DIFC Investments names chief executive of DIFC Properties
Dubai International Financial Centre (DIFC) today (19 May) announced the appointment of Brett Schafer as Chief Executive Officer of DIFC Properties.

In July 2012, DIFC announced the restr

Barwa Bank Group Board of Directors holds its meeting
The Board of Directors of Barwa Bank Group held its Board Meeting chaired by H.E Sheikh Mohammed Bin Hamad Bin Jassim Al Thani, Chairman and Managing Director of Barwa Bank.

The meeting f

Kuwait replaces top oil sector officials
State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co over a scrapped plastics

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Are you satisfied with your full-service broker?