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Home Oman News

Malabar Gold & Diamonds sets aside RO 150,000 for Ramadhan CSR activities

5 أبريل، 2022
in Oman News
132

MUSCAT: Malabar Gold & Diamonds, one of the largest global jewellery retailers amplifies the spirit of Ramadhan by strengthening its CSR activities in the GCC and Far East. The brand has planned month-long CSR activities in association with embassies, and like-minded organisations, which include the distribution of food provision kits and iftar meals to deserving laborers and families. This initiative is expected to benefit a large section of the society across all countries in which Malabar Gold & Diamonds operates.

‘CSR remains a core value at Malabar Gold & Diamonds ever since its inception in 1993 and contributing to the community has been a key part of the company’s ESG (Environmental, Social & Governance) goals. Ramadhan is usually the time we reflect on our actions and contribute to society in whatever way possible. Every year during Ramadhan, we engage in various CSR initiatives, aiming to create a difference in the community in and around our area of operations and to drive other organisations, both big and small to initiate such activities that will help the needy.’ said Abdul Salam KP, Vice Chairman – Malabar Group.

Malabar Gold & Diamonds will distribute both iftar meals and food provision kits as part of this Ramadhan CSR initiative. In Oman, iftar meals will be directly distributed to various labour camps in Muscat, Al Seeb, Barka, Suhar & Salalah in addition to needy families, individuals who have lost their job, and those on visit visas , references of whom will be provided by like-minded organisations and customers of Malabar Gold & Diamonds.

‘The spirit of Ramadhan gives us an added opportunity to exercise humanitarian values while making a positive impact on the lives of those around us. At Malabar Gold & Diamonds, the Ramadhan CSR activity is spearheaded by our team members themselves along with like-minded organisations and associations, together with whom we identify and provide support to the needy in the local communities. It gives me a lot of happiness that we can continue to add goodness to society with the generous support of all our customers, partners, shareholders and team members, said Shamlal Ahamed, MD – International Operations of Malabar Gold & Diamonds.

Malabar Gold & Diamonds believes that the most successful companies are those which integrate responsibility and sustainability into their core business and these principles are captured in the ESG (Environmental, Social & Governance) goals of the organisation. The group is always proactive when it comes to CSR activities right from inception in 1993. The key focus areas of the CSR initiatives of Malabar Group are in the areas of Health, Education, Women Empowerment, Housing and the Environment. The organisation has kept aside 5% of its profit for CSR activities in all the regions in which they operate. The group, which currently has showrooms across GCC, India, Malaysia, Singapore & USA undertakes several welfare activities throughout the year in the respective regions.

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