Malabar Gold & Diamonds organized an iftar event on the last Friday of the Holy month of Ramadan in a labor camp at Al Quoz, Dubai in association with Community Development Authority, Dubai. Over 1500 labours attended the event, which was organized as a part of their month long calendar of activities planned for the month of Ramadan. Mr Palani Babu , Head of Facility & Society Licensing Section Regulatory and Licensing Department joined the event along with officials from Malabar Gold & Diamonds and Community Development Authority.
Malabar Gold & Diamonds has already provided special iftar dinner to over 50,000 residents in GCC this Ramadan as a part of their CSR activities to embrace the spirit of giving. Every year Malabar Gold & Diamonds conducts similar iftar events in the areas of their operations to spread the message of togetherness, friendship and peace.
They strengthen their activities during the month of Ramadan and apart from this they undertake social welfare activities all year long, focusing on five priority areas such medical, educational sector, environment as well as housing and women empowerment.
The jewellery chain with over 116 retail outlets in India, GCC and Singapore sets apart a certain percentage of their net profit for the benefit of the needy.
About Malabar Gold and Diamonds
Malabar Gold and Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
Established in 1993 in South Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of 116 outlets spread across eight countries, 10 wholesale units in addition to offices, design centers and factories spread in India, GCC and Singapore. With an annual turnover of $3.5 billion, the company currently ranks among the world’s top five jewellery retailers in terms of annual turnover.
With 7 cluster manufacturing units in India and GCC – the company currently has 6 jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala, India and branches across India, GCC & Singapore, Malabar Group is best known for its activities in the field of gold, diamond and precious metals.
The company, which has a strong corporate social responsibility scheme embedded in its system, is committed to make a difference in human lives by spending over Rs300 million in charitable activities in the year 2015, part of the Rs850 million earmarked for charitable activities between 2012 - 2015.