CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Qatar

Malabar Gold to provide Iftar meals; plans CSR initiatives

Published: 16 May 2018 - 08:35 am | Last Updated: 12 Nov 2021 - 09:11 pm

The Peninsula

DOHA: Malabar Gold & Diamonds has associated with various associations and like-minded organizations this Ramadan to provide Iftar meals and other CSR initiatives. 

Like previous years, Malabar Gold & Diamonds, one among the BIG 5 global jewellery retailers has strengthened its CSR activities in the GCC and Far East region this Ramadan. Malabar Gold & Diamonds has planned a month long CSR activities in association with like-minded organizations like KMCC, Youth Forum, Community Development Authority, Discovery Islam, Al Hedaya Centre to benefit the needy. Over 70,000 special Iftar meals / kits will be distributed during this period, said a statement.

Since its inception in 1993, Malabar Group has been actively involved in CSR activities with the aim of creating a difference to the community in and around their area of operations. The importance of CSR activities for Malabar Group has grown over the decades and the group sets aside 5% percentage of its net profit for the benefit of the needy in the respective markets it operates in.