You are hereHome
Dubai eGovernment and Zakat Fund to launch first electronic Zakat payment channel
Source: BI-ME , Author: Moussa Ahmad
Posted: Tue September 26, 2006 12:00 am

UAE. Dubai eGovernment today announced at a press conference that it has partnered with Abu Dhabi-based Zakat Fund to launch the first electronic Zakat payment channel through its ePay service. Zakat payments can now be made by logging on to a new Zakat Fund website. Zakat is the amount of money that every adult Muslim who is mentally stable and financially able should pay annually to support the poor and needy.

The launch of this electronic payment channel during the Holy Month of Ramadan will facilitate easy payment of Zakat for people, as it allows payment through Visa, MasterCard and American Express credit cards. This novel initiative is being supported by Dubai Commercial Bank. 

Speaking at the press conference, Salem Al Shair, eServices Director, Dubai eGovernment, said: “The introduction of the Zakat payment service marks another important value addition to Dubai eGovernment’s services. In today’s technology-reliant age, an ever-increasing number of people are using the power of the internet to avail a host of services, and Dubai eGovernment which has been constantly promoting the use of e-services in Dubai sees this as another opportunity to extend the scope of electronic services. We are thankful to Zakat Fund for their cooperation and support in this initiative.”

Abdullah Ogeida Al Muheiri, General Secretary of Zakat Fund said, “We are glad to partner with Dubai eGovernment to launch this service in the Holy Month of Ramadan when most people will be making their Zakat payments. All the money collected will be transferred to the Zakat Fund account.”

ePay is a highly secure, online payment service that allows registered users to pay for public utilities and fines using either the eDirham card issued by the UAE Ministry of Finance and Industry, or a credit card.

See also: www.zakatfund.ae

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 28, 2014
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
date:Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
date:Posted: August 28, 2014
UAE. The Saudi equity market index hits a 6 year high; Fed Chief Yellen's commentary at Jackson Hole summit seen as constructive; India in a sweet spot for emerging market debt investors.
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
dhgate