UNB signs MoU with Zakat Fund

The Pak Banker - - Company& -

BUBAI: Union Na­tional Bank (UNB), one of the lead­ing banks in the UAE signed a Mem­o­ran­dum of Un­der­stand­ing (MoU) with Zakat Fund en­abling UNB cus­tomers for the first time to con­trib­ute to Zakat through elec­tronic chan­nels. In ad­di­tion to fi­nanc­ing the cost of all re­quired tech­ni­cal sup­port, UNB will de­velop the new IT in­fra­struc­ture nec­es­sary for col­lect­ing Zakat on be­half of the fund.

Through the in­tro­duced new elec­tronic zakat pay­ment ser­vices, UNB cus­tomers can pay dif­fer­ent types of Zakat, be­ing Zakat Mal, Sadaqa, and Zakat Fitr. The ini­tial stage will in­clude the pay­ment fa­cil­i­ties through UNB's On­line Bank­ing - Uninet, where the ser­vices will be ex­tended to the ATM Bank­ing & IVR chan­nels in a later stage.

The MoU was signed at UNB Head of­fice in the pres­ence of Mr. Mo­ham­mad Nasr Ab­deen UNB CEO and H.E. Ab­dulla Bin Uqaeda Al Muhairy Gen­eral Sec­re­tar­iat of Zakat the Fund. The cer­e­mony was at­tended by high dig­ni­taries and top man­age­ment from both or­ga­ni­za­tions.

Mo­ham­mad Nasr Ab­deen, UNB CEO, com­mented, "We are pleased to have the op­por­tu­nity to part­ner with Zakat Fund. This tie up comes in line with UNB's strat­egy to pro­vide cus­tomers with con­ve­nient and in­no­va­tive so­lu­tions as part of our Cor­po­rate So­cial Re­spon­si­bil­ity. This fa­cil­ity is an added value to our cus­tomers as it will fa­cil­i­tate their fulfillment to one of the main pil­lars of Is­lam (Zakat)."

H.E. Ab­dulla Bin Uqaeda Al Muhairy, Gen­eral Sec­re­tar­iat of Zakat the Fund, com­mented, "This tie up with UNB comes in ac­cor­dance with the Fund's strat­egy to fa­cil­i­tate the pay­ment of the Zakat to all Mus­lims who are keen to ful­fill their com­mit­ments and as part of our mis­sion to of­fer spe­cial Zakat ser­vices to our cus­tomers. -PB News

IS­LAM­ABAD: Fed­eral Min­is­ter for Kash­mir Af­fairs and Gil­git Baltistan Mian Man­zoor Ah­mad Wat­too, Fed­eral Min­is­ter for Wa­ter and Power Raja Pervez Ashraf and PM AJK Sar­dar At­tique in a meet­ing re­gard­ing rais­ing of Mangla Dam and land com­pen­sa­tion of Bhasha-Di­amer Dam. -On­line

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.