Over 50,000 GCC residents to benefit from Malabar Gold & Diamonds CSR initiatives this Ramadan
Last Update: Saturday, June 28, 2014 : 11:10 (+4GMT)
Ramadan is just round the corner and Muslims all around the world is looking forward to the arrival of this holy month with great fervor and enthusiasm. Malabar Gold & Diamonds, one of the leading jewellery retailers intensifies its CSR activities during this Ramadan and the jewellery chain is planning to host iftar events in various parts of GCC, by organizing a month long calendar of activities, in association with like-minded organizations. In the UAE, such initiatives are planned with Community Development Authority-Dubai, Sharjah Charity International and KMCC to benefit the needy.
Malabar Gold & Diamonds is planning to provide special iftar dinner to over 50,000 residents in GCC this Ramadan as a part of their CSR activities to embrace the spirit of giving. Every year Malabar Gold & Diamonds conducts similar iftar events in the areas of their operations to spread the message of togetherness, friendship and peace.
Malabar Gold & Diamonds is always at the forefront when it comes to CSR activities and they are committed to make real difference to the society. They recognize that business activities have direct and indirect impact on the society and since their inception in 1993, the Group has taken a lot of initiatives to foster corporate social responsibility. They strengthen their activities during the month of Ramadan and apart from this they undertake social welfare activities all year long, focusing on five priority areas such medical, educational sector, environment as well as housing and women empowerment.
The jewellery chain with 116 retail outlets in India, GCC and Singapore sets apart 10% of their net profit for the benefit of the needy.
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