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ABU DHABI / WAM
The Emirates Red Crescent (ERC) launched the Certificate of Giving campaign, in co-operation with Abu Dhabi Islamic Bank, during the holy month of Ramadan, based on an initiative by both parties for the UAE’s Year of Giving.
The initiative is a
financial endowment, through contributi-
ons placed in bank accounts.
The value of the sukuk, to be launched for the first time, is AED100, and it includes the six vital areas of education, health, local aid, water aid, the maintenance and construction of mosques and pilgrimages. The campaign is not only limited to the holy month of Ramadan, but it will also continue after the end of it.
During a press conference at the ERC’s headquarters today, Dr Mohammed Ateeq Al Falahi,
Secretary-General of the ERC, stressed that endowment projects are considered the cor-
nerstone of the country’s cha-rity and humanitar-
ian work.
He stated that charity endowment projects provide suitable financial coverage for finance giving projects, guaranteeing the sustainability of giving and fulfilling social responsibilities.
Al Falahi stressed that the ERC, under the presidency of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region and President of the ERC, is aware of the importance of charity endowment projects in achieving its humanitarian aspirations.