Ajman Bank Supports 'Ramadan Aman' Campaign Launched by Al Ihsan Charity to Help Curb Speeding During Ramadan

Dubai, Dubai (PressExposure) July 24, 2013 -- Ajman Bank, the award-winning Islamic financial services institution partnered with Al Al Ihsan Charity Association as a main sponsor in its 'Ramadan Aman' Campaign. The objective behind this effort is to prevent drivers from speeding during the Ramadan rush hour before Maghreb prayer that often increases the risk of accidents.

As part of the campaign Ajman Bank employees will serve as an active volunteer distributing some of the 100,000 iftar kits through the Holy Month in the emirates of Dubai, Sharjah, Ajman, Umm Al-Quwain and Ras Al Khaimah at selected areas.

Pledging his support, Mr Mohamed Zaqout, Chief Executive Officer, Ajman Bank, said, "We believe it is a wonderful initiative and we are glad to partner with Al Ihsan Charity Association in this great cause. It is essential to disseminate the dangers of speeding into public consciousness. Speeding during Ramadan poses massive safety and social risks and by highlighting and addressing the reasons behind speeding, it can be effectively controlled. Often people are in a hurry to reach home to break their fast with their families. We want everybody to drive cautiously, and arrive home safely."

H.E. Sheikh Abdullah Bin Ali Bin Rashid Al Nuaimi, Board Member of Al Ihsan Charity Association, said "We are delighted to announce the Ramadan Aman Campaign that is aimed at making the UAE roads safer. Speeding at the time of iftar is a long-standing problem and therefore it is crucial to understand and address the challenges facing drivers. We highly value the support provided by Ajman Bank and commend their commitment and determination in making this campaign successful."

Every year there is a sharp rise in road accidents in the UAE during Ramadan. A considerably large number of these occur shortly before iftar. Experts point out there are multiple reasons behind this reckless driving including fatigue, lack of sleep as well as lower level of concentration owing to a drop in blood sugar levels due to fasting. But most accidents take place primarily due to speeding as often people set out last moment before iftar to meet friends or families and then end up rushing.

Ajman Bank began its operations in 2008 and is the first Shariah compliant Islamic bank incorporated and headquartered in the Emirate of Ajman. It now operates 11 branches spread across the UAE. The bank provides consumers, corporations, governments and institutions with a broad range of financial products and services, including an array of tailor-made products incorporating Islamic financing techniques.

In a challenging financial environment, Ajman Bank maintained earnings momentum recording a breakthrough performance with record growth rate of 382% in 2012 year end compared to 2011 year end.

About Ajman Bank:
Ajman Bank is a young, agile Islamic commercial bank built on the values of integrity, trust and transparency. The bank provides a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market's best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate's economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organisation in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.

For more information about Ajman Bank please visit http://www.ajmanbank.ae.

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Press Release Submitted On: July 24, 2013 at 2:02 am
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