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Sharjah Islamic Bank Provides Non-Profit Funding for People with disabilities and the Elderly, in Collaboration with Sharjah City for Humanitarian Services
The initiative aims to enhance the standard of living and comfort for all social strata
Sharjah Islamic Bank has announced the provision of funding for people with disabilities and the elderly who are members of the Sharjah City for Humanitarian Services. The initiative is in line with wise leadership and governmental directives to enhance the standard of living and comfort for all social strata; it is also part of the bank’s community outreach initiative in 2017 – The Year of Giving.
The announcement was made during a signing ceremony that took place at the SCHS’ headquarters. It was attended by Sheikha Jameela bint Mohammed Al Qasimi, Director General of Sharjah City for Humanitarian Services, and HE Mohammed Abdullah, CEO of Sharjah Islamic Bank, who signed the agreement on behalf of their respective organisations in the presence of a number of senior officials and directors from both sides.
Commenting on the occasion, Sheikha Jameela bint Mohammed Al Qasimi, Director General of Sharjah City for Humanitarian Services, commented: “People with special needs face challenges in accessing the necessary support to live a normal life. This agreement will help them overcome challenges and buy the assistive technology they need.”
Sheikha Jameela Al Qasimi also extended thanks and appreciation to the Sharjah Islamic Bank for this community initiative, which helps alleviate the suffering of people with special needs, makes their lives easier and brings happiness to them. The initiative also gives them the belief that they are well cared for, supported and empowered to overcome obstacles.
According to the agreement, the Sharjah Islamic Bank will provide zero-interest finance to enable beneficiaries of the Sharjah City for Humanitarian Services to buy adaptive equipment, medical supplies and any assistive devices and technology they may need in their lives. These assistive devices are external devices that are designed, made, or adapted to help people with disabilities do something that they might not otherwise be able to do well or at all.
HE Mohammed Abdullah commented: “Our approach to social responsibility is based on the value of human solidarity. Through this agreement, we look forward to contributing more significantly to the UAE community and making the lives of people of with disabilities and the elderly easier.”
He added that the bank is committed to enhancing its cooperation with all organisations that provide services and support to those who need assistance. The agreement with Sharjah City for Humanitarian Services was preceded by a series of collaborative efforts to enable the organisation better perform its functions.
Under the terms of the agreement, Sharjah Islamic Bank will pay the value of the assistive devices and technology to suppliers, while the beneficiary will repay the bank in easy monthly instalments without any interest rates or additional fees.
The agreement will support the concept of empowerment and make the latest global technologies available to people with disabilities, enabling them to carry out daily activities, live a normal life and actively participate in mainstream activities.