Wednesday, 19 January 2005 |
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Saudi based bank allocates $ 500 m for relief From Mohammed Rasooldeen in Riyadh Saudi Arabia-based Islamic Development Bank (IDB) has embarked on a comprehensive program to feed, educate and rehabilitate the Muslim victims of the sea surge in the coastal parts of Sri Lanka. It has allocated $ 500 million for relief activities of the survivors in the tsunami hit countries. The SR 1.4 million project in Sri Lanka will be implemented through the Islamic Centre in Muslim settlements affected by the deluge and it will be implemented in three phases. A special team headed by Kuala Lumpur-based IDB's Business Analyst Azlan Bin Haji Uzir flagged off its relief operations from the Islamic Centre in Colombo on Sunday. |
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