The Chief Executive Officer of KFH Group, Mazin Saad AlNahedh, handed out a total sum of KD 11.2 million to the Zakat House in line with the Group’s parallelism philosophy, where societies and businesses are complementary, CrptoNewsZ informed.
This step is aimed at supporting the ongoing humanitarian aid and community work. KFH reinforces its vision of social responsibility through its Sharia-compliant business model and affirms its prestigious status as a leading Islamic financial institution.
Al-Nahedh said that their group was very keen to support community projects that would help strengthen the society and said that the money would effectively aid the efforts of Zakat House in Kuwait and other countries in the world in uplifting the less fortunate sections of the community.
He also highlighted the donation services on their ATMs under the name of “Zakat AlFitr and Feed the Fasting.” This safe, secure and convenient service is part of the company’s strategy to keep abreast with the most recent technology and developments happening in the banking world.
The Director-General of the Zakat House, Mohammad Alotaibi, thanked the Group for the contribution and said that KFH, with its ethical and moral responsibility, has managed to contribute to building a prosperous society while strengthening its leadership status in the market.
He praised KFH for collaborating with Zakat House which contributes to accomplish the goal of encouraging charity and the spread of meanings of brotherhood among various segments of the society.