Tuesday, 02 January 2024 12:17 GMT

Malabar Gold & Diamonds Allocates AED 2.3 Million For Ramadan Iftar Distribution & Community Welfare Initiatives


(MENAFN- Dubai PR Network)

Reaffirming its unwavering commitment to social responsibility and community welfare, Malabar Gold & Diamonds, the world's 5th largest jewellery retailer, has announced that it will be setting aside AED 2.3 million towards Ramadan welfare initiatives in 2026, primarily focusing on large-scale Iftar meal distribution for underprivileged communities across its global markets.

As part of this year's Ramadan program, over 200,000 Iftar meals will be distributed across the UAE, Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, Malaysia, Singapore, the USA, the UK, Canada, Australia & New Zealand, in partnership with government bodies, embassies, charitable organizations, and NGOs. These initiatives form a significant part of Malabar Group's year-round ESG (Environmental, Social & Governance) commitment, aimed at fostering inclusive growth and meaningful social impact.

In the UAE, Iftar meals will be distributed among labour communities and deserving individuals across Sajjah, Sonapur, Ajman, Abu Dhabi, Al Ain, Umm Al Quwain, Ras Al Khaimah, and Fujairah, in association with organizations such as KMCC, GDRFA and Indian Association RAK

ESG (Environmental, Social & Governance) initiatives have been the primary commitment of Malabar Group since its inception in 1993, with 5% of net profits set aside towards such initiatives in each country of operations. The key focus is in the areas of Health, Hunger Free World, Housing, Education, Women Empowerment & Environment. Integrating the principles of responsibility and sustainability into its core business, the ESG goals of Malabar Group are periodically strengthened to remain a socially conscious and responsible organization.

As part of the group's Hunger Free World initiative, over 115,000 meals are distributed daily across 119 locations, including 3 schools in the African country of Zambia. In India alone, the group has established 1,531 micro learning centres, enrolling more than

61,000 underprivileged children, many of whom transition into formal schooling. Additionally, Malabar Group has awarded more than 128,000 scholarships to female students, supporting their academic journey and empowering the next generation of women leaders.

The company also runs the“Grandma Home” project, providing accommodation for needy and destitute women. With several such initiatives already in place, the company's long-term goal is to ensure its global success benefits local communities wherever it operates.

Posted by: DubaiPRNetwork Editorial Team
Viewed 594 times
PR Category: Local & Government News
Posted on: Tuesday, February 24, 2026 8:16:00 AM UAE local time (GMT+4)
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