Crown Prince of Sharjah honors Malabar Gold & Diamonds for outstanding philanthropic activities in the region Announcement

Mr Shamlal Ahamed M P, Managing Director- International Operations, Malabar Gold & Diamonds received award from the Crown Prince of Sharjah
Received in recognition of its outstanding philanthropic activities in the region with the partnership of Sharjah Charity International

H H Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah honored Malabar Gold & Diamonds, the leading jewellery group with its presence in 8 countries, in recognition of its outstanding philanthropic activities in the region with the partnership of Sharjah Charity International. Mr Shamlal Ahamed M P, Managing Director- International Operations of Malabar Gold & Diamonds received the award from the Crown Prince of Sharjah in the presence of Sheikh Essam Bin Saqr Al Qasimi, Chairman of the Ruler's Office in Sharjah, Mr. Abdullah Sultan Bin Khadim, Executive Director of Sharjah Charity and other VIP guests on 14 December 2014. While handing over the memento, the Crown Prince of Sharjah expressed his appreciation for the group’s involvement in humanitarian activities.

Malabar Gold & Diamonds, one of the largest jewellery retailers with its presence in 8 countries, sets a wonderful example for corporate philanthropy through various charity programs in their areas of operation. The group, which currently has 121 showrooms globally, undertakes several welfare activities with the association of like-minded organizations in the respective regions.

CSR activities are a fundamental part of Malabar Group’s culture and the group is intrinsically connected to the communities and the world that surrounds it. The organization ensures that a fixed percentage of its net profit is used for CSR activities every year and the charity projects of Malabar Gold & Diamonds have touched the lives of thousands of people. They focus primarily in five priority areas such as health, education, environment, housing and women empowerment.

The company, which has a strong corporate social responsibility scheme embedded in its system, is committed to make a difference in human lives by spending over Rs 300 million in charitable activities in the year 2015, part of the Rs 850 million earmarked for charitable activities between 2012-2015.