DIB sponsors AED 40 million Prophet's Neighbours endowment
This generous contribution reflects a strong culture of national giving and the deep sense of social responsibility demonstrated by UAE institutions. It also aligns with the humanitarian legacy established by His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, who launched the first endowment for orphans in the emirate.
A milestone in supporting the vulnerable
The Dubai Islamic Bank's sponsorship marks a pivotal moment in empowering the underprivileged. As a prominent player in national charitable efforts, the Bank is contributing to a sustainable endowment, the proceeds of which will fund the Foundation's comprehensive care programs for its beneficiaries. This step highlights the banking sector's commitment to social development and equity.
A continuation of Sharjah's charitable legacy
Her Excellency Mona bin Hadda Al Suwaidi, Director General of the Sharjah Social Empowerment Foundation, expressed her heartfelt gratitude to Dubai Islamic Bank for this noble gesture. As the first financial institution to sponsor the endowment, the Bank is continuing the legacy of the Ruler of Sharjah, who initiated this charitable journey. Al Suwaidi noted that this full sponsorship represents a significant shift in expanding the Foundation's capacity to launch sustainable projects and improve the quality of life for orphans.
A unique Emirati model for orphan care
Al Suwaidi added that this partnership showcases the high level of institutional responsibility across sectors in the UAE. It embodies a collaborative model of giving that sets an example for both the region and the world. The initiative underlines the strategic importance of public-private partnerships in building a comprehensive and sustainable care system for orphans.
Building a sustainable future
The Foundation aims to establish a growing series of endowments under the
'Prophet's Neighbours Endowment'
project. These are designed to generate permanent income that supports members in achieving self-reliance. The initiative reflects the Foundation's vision to transition from traditional care to empowerment through a sustainable, long-term development framework.
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