KSrelief to contribute financially to global Muslim fund for children

KSrelief to contribute financially to global Muslim fund for children

RIYADH — The King Salman Humanitarian Aid and Relief Center (KSrelief) signed on Monday a financial contribution memorandum with the Islamic Development Bank (IsDB) to support Global Muslim Philanthropy Fund for Children (GMPFC), as the memorandum includes two projects, with a total amount of $9.16 million.The IsDB in cooperation with UNICEF launched the fund in 2019, opening new opportunities for Muslim philanthropy to reach the millions of children in need of humanitarian support and help achieve the Sustainable Development Goals (SDGs).The fund is the first fund focused on Muslim giving, enabling multiple forms of Muslim philanthropy, including obligatory giving such as Zakat and voluntary giving such as Sadaqah donations and Waqf endowments, to contribute to emergency response and development programs.The memorandum was signed by supervisor general of KSrelief Dr. Abdullah Al-Rabeeah, who is also an adviser at the Royal Court, and by president of the Islamic Development Bank (IsDB) Dr. Bandar Hajjar, as the trustee to the fund, and by executive director of the United Nations Children's Fund (UNICEF) Henrietta