Emirates Islamic signs cooperation agreement with Al Jalila Foundation

Press release
Published February 5th, 2014 - 09:54 GMT

Al Bawaba
Al Bawaba

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it has signed a cooperation agreement with Al Jalila Foundation, a UAE based charity, which sets Emirates Islamic as a partner for collecting donations on behalf of the foundation. 

Al Jalila Foundation is a not-for-profit organisation established by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in 2012 to establish Dubai at the forefront of medical innovation. It works to promote and improve the health of UAE citizens through the support of medical treatment, education and research. 

“Aiding the social development of our fellow citizens is of great importance to us at Emirates Islamic,” explained Jamal Bin Ghalaita, Chief Executive Officer, Emirates Islamic. “Through making donations and signing partnerships like this, we are able to contribute to significant projects within the region. We also want to open up this opportunity to customers, which is why we have recently signed this agreement with Al Jalila Foundation, to make it easier for them to donate too.” 

Dr. Abdulkareem Sultan Al Olama, CEO of Al Jalila Foundation said: “We are very grateful to Emirates Islamic for their support, which helps us to fulfil our aim of ushering in a new era of medical progress in the UAE, through innovations in healthcare delivery, medical education and research.” 

The partnership with Al Jalila Foundation reflects Emirates Islamic’s ongoing commitment towards supporting the UAE community, and in particular to the development of the UAE healthcare industry. The bank recently made significant contributions to Dubai Healthcare Authority to support Dubai Hospital and Rashid Hospital in purchasing new medical equipment.

Background Information

Emirates Islamic Bank

Welcome to Emirates Islamic. Launched in 2004, the bank was established to deliver the highest standards of banking services in line with the highest standards of Shari'a principles. Offering a broad range of products designed for individuals and small businesses as well as large corporations, Emirates Islamic is the right choice for those looking for excellence in managing their finances. 

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