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Noor Takaful and Dubai Cares sign long-term agreement

/ 12 September 2010

DUBAI ó Noor Takaful, the Islamic Insurance provider and subsidiary of Noor Investment Group LLC, has signed a Memorandum of Understanding with Dubai Cares, in support of the charitable organisationís efforts in providing children in developing countries with access to quality primary education.

Dubai Cares is the UAE-based philanthropic establishment launched by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, in 2007.

Under the terms of the agreement, Noor Takaful will offer donations to Dubai Cares from selected Takaful products that it sells to its customers as a percentage of the takaful contributions (premium) it receives. Proceeds from this endeavour will be directed towards supporting Dubai Cares’ on-going School Feeding Campaign and other future primary education-related programmes.

Noor Takaful will also promote the giving of charitable donations to Dubai Cares by its individual clients and corporate clients through Direct Ask.

“This partnership with Noor Takaful exemplifies the UAE’s support of charitable and humanitarian initiatives,” said Tariq Al Gurg, CEO of Dubai Cares.

“We hope this will contribute to Dubai Cares’ efforts in expanding its operations into new geographies, so that it is able to reach more children in developing nations, and improve their standards of living,” said Dr Ahmed Al Janahi, Managing Director of Noor Takaful.

     business@khaleejtimes.com

 
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