Jordan Islamic Bank began some time ago to develop a plan to provide alternative energy in its branches through the use of electric power generation using solar cells. The Bank seeks to disseminate to all branches and offices which achieves savings and…
<p>The Islamic Development Bank (IsDB) is to provide $104m (£67.3m) in loans to African governments to fund an expansion of Millennium Villages, the controversial project led by Jeffrey Sachs, director of Columbia University's Earth Institute. About $40m of the money will go towards a flagship sustainable villages programme (SVP) in Chad, Mozambique, and Sudan. In addition, $29m will support the extension of existing Millennium Village projects (MVPs) in Mali, Senegal and Uganda, while $35m will be used for a drylands initiative in Djibouti, Somalia and Uganda. Governments will team up with the IsDB, the Earth Institute, and its partner, Millennium Promise, to carry out the projects. The Millennium Village project covers more than 500,000 people in 14 areas of 10 countries in different environments across Africa. Each site was considered a "hunger hot-spot" at the time the project began in 2006. The concept works on the principle of interventions across several key areas – health, education, enterprise and agriculture – over a 10-year period.</p>
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<p><a href="http://www.theguardian.com/global-development/2013/aug/13/millennium-villages-project-islamic-development-bank" title="http://www.theguardian.com/global-development/2013/aug/13/millennium-villages-project-islamic-development-bank">http://www.theguardian.com/global-development/2013/aug/13/millennium-vil…</a></p>
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Emirates Islamic Bank has tied up with a number of organisations to promote activities and charity campaigns to mark the spirit of Ramadan. The bank is the main sponsor for the Zakat Fund Ramadan Campaign, which aims to emphasise the importance of Zaka…
<p>In September last year, Noor issued an invitation to the world to help shape the future of banking, with the launch of its Bank of the Future initiative, aimed at creating innovative ways of banking. As part of the initiative, Noor created an online Shape Your Bank competition to solicit people’s expectations of banks in the future, with prize money of $20,000 for the best idea on enhancing the banking experience. Nurul Iksan from Malang, Indonesia, won the first prize in Noor’s online competition. With the $20,000 in cash, plus an iPad he can begin pursuing some of his business ideas. He will use part of the money to open a fashion shop in nearby Bali. Iksan’s suggestion was to introduce a family account that is held by the head of the family with supplementary cards and limited budgets assigned to all family members. Such a concept has not been implemented in the region yet.</p>
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<p><a href="http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/uaebusiness/2013/July/uaebusiness_July349.xml&section=uaebusiness" title="http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/uaebusiness/2013/July/uaebusiness_July349.xml&section=uaebusiness">http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/uaebusiness/2013/…</a></p>
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<p>According to a recent focus group held in Dubai by ACCA (the Association of Chartered Certified Accountants), a common definition of what sustainability is and what it means in the UAE would help to encourage more companies to invest in creating their own corporate sustainability reports on a regular basis. The UAE focus group brought together 11 high level delegates representing a range of organisations. Whilst the level of sustainability reporting is currently low in the UAE, it was felt that sustainability reporting should play an important role in the development of the UAE in the years to come. Represantatives of the ACCA hope that these discussions will make a difference in helping to change perspectives and show just how important corporate sustainability reporting is to helping the UAE’s growing economy maintain its momentum.</p>
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<p><a href="http://www.bi-me.com/main.php?c=3&cg=2&t=1&id=62680" title="http://www.bi-me.com/main.php?c=3&cg=2&t=1&id=62680">http://www.bi-me.com/main.php?c=3&cg=2&t=1&id=62680</a></p>
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<p>Ramadan 19, named as “Emirati Humanitarian Work Day”, is an annual event in memory of the late Shaikh Zayed Bin Sultan Al Nahyan and aims to inculcate the spirit of giving and philanthropy nationwide. As many as 1,500 charitable activities will be organised across the country by 270 local and federal departments to mark the day. The activities will feature presenting refrigerators and air conditioners to the needy families, setting up a chocolate factory to offer jobs to people with special needs, workshops for needy families, a day for orphans and distribution of Ramadan rations and Eid Al Fitr gifts. Moreover, the UAE has launched the “Egypt in Our Heart” campaign, which will contribute to infrastructure development in Egypt, Besides, other initiatives have been launched, to help Syrian refugee children and to combat blindness and visual disability, among others.</p>
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<p><a href="http://gulfnews.com/news/gulf/uae/government/flurry-of-philanthropic-works-in-memory-of-shaikh-zayed-1.1213272" title="http://gulfnews.com/news/gulf/uae/government/flurry-of-philanthropic-works-in-memory-of-shaikh-zayed-1.1213272">http://gulfnews.com/news/gulf/uae/government/flurry-of-philanthropic-wor…</a></p>
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<p>Ramadan 19, named as “Emirati Humanitarian Work Day”, is an annual event in memory of the late Shaikh Zayed Bin Sultan Al Nahyan and aims to inculcate the spirit of giving and philanthropy nationwide. As many as 1,500 charitable activities will be organised across the country by 270 local and federal departments to mark the day. The activities will feature presenting refrigerators and air conditioners to the needy families, setting up a chocolate factory to offer jobs to people with special needs, workshops for needy families, a day for orphans and distribution of Ramadan rations and Eid Al Fitr gifts. Moreover, the UAE has launched the “Egypt in Our Heart” campaign, which will contribute to infrastructure development in Egypt, Besides, other initiatives have been launched, to help Syrian refugee children and to combat blindness and visual disability, among others.</p>
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<p><a href="http://gulfnews.com/news/gulf/uae/government/flurry-of-philanthropic-works-in-memory-of-shaikh-zayed-1.1213272" title="http://gulfnews.com/news/gulf/uae/government/flurry-of-philanthropic-works-in-memory-of-shaikh-zayed-1.1213272">http://gulfnews.com/news/gulf/uae/government/flurry-of-philanthropic-wor…</a></p>
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<p>The Central Bank of Nigeria (CBN) reportedly has partnered with the Bill and Melinda Gates Foundation (BMGF) to form a new initiative called “Geospatial Mapping of Financial Institutions” that aims to increase the financial inclusion of low-income Nigerians. The new service will map all financial access points in Nigeria, including every microfinance institution and off-site ATMs, that Nigerians will be able to see online or on their mobile phones. The program reportedly will also enable the government and banks to determine whether certain regions of the country lack access to an appropriate number of financial services. BMGF will provide a monetary grant of an unspecified amount in order to pursue this goal. This new project is part of CBN’s initiative, the Nigeria Financial Inclusion Strategy (NFIS). The amount of monetary support that CBN has contributed to NFIS is unavailable.</p>
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<p><a href="http://www.microcapital.org/microcapital-brief-central-bank-of-nigeria-cbn-bill-and-melinda-gates-foundation-create-geospatial-mapping-of-financial-institutions-program-to-reach-unbanked-nigerians/" title="http://www.microcapital.org/microcapital-brief-central-bank-of-nigeria-cbn-bill-and-melinda-gates-foundation-create-geospatial-mapping-of-financial-institutions-program-to-reach-unbanked-nigerians/">http://www.microcapital.org/microcapital-brief-central-bank-of-nigeria-c…</a></p>
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Ajman Bank partnered with Al Al Ihsan Charity Association as a main sponsor in its 'Ramadan Aman' Campaign. The objective behind this effort is to prevent drivers from speeding during the Ramadan rush hour before Maghreb prayer that often increases the…
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