Warba Bank Signs Partnership with KASCO for Ramadan Iftar Meals Initiative
Warba Bank today announced it has signed a Memorandum of Understanding with Kuwait Aviation Services Company (KASCO) to supply Iftar meals as part of the Bank’s annual Ramadan initiative in which meals are distributed to fasting individuals across various areas in Kuwait.
Attending the signing on behalf of Warba Bank were Director of Public Relations and Corporate Communications, Ayman Salem Al-Mutairi, Executive Director of the Sharia Management, Abdullah Abdul Rahim Fakhro, and Director of Marketing, Saeed Tareq Esbaitah, and on behalf of KASCO Bader Albader and Abdullah Ahmed AlQallaf.
Speaking of the partnership, Abdullah Abdul Rahim Fakhro, Executive Director of the Sharia Management at Warba Bank, said that Warba Bank’s annual Iftar initiative reinforces the values of social solidarity as instructed by the teachings of the Holy Quran and the Sunnah, while also embodying our Bank’s mission to promote community sustainability in line with our Islamic identity. Fakhro highlighted that the Bank’s leadership and team of volunteering employees will be distributing the Iftar meals, reflecting the Bank’s strong social work culture where everyone unites to serve a humane mission, and uphold the values of compassion, cooperation and giving that form an integral part of Warba Bank’s identity.
Fakhro added that Warba Bank takes great pride in its Iftar initiative, as it aligns with the values and spirit of the holy month of Ramadan, which calls for compassion, harmony and peace. He cited the saying of the Prophet Muhammad (peace be upon him): “Whoever provides food for a fasting person to break his fast will receive a reward equal to that of the fasting person, without diminishing the fasting person’s reward in any way.” He affirmed that, since its establishment, Warba Bank has remained committed to engaging with all segments of society through its corporate social responsibility programs.
Mr. Fakhro further emphasized that Warba Bank’s leadership extends beyond Islamic banking and financial services to include community service as an integral part of the Bank’s mission and identity.
He explained that Warba Bank’s volunteer team is unique by the diversity of its members, comprising Bank employees, customers as well as members of the executive management and leadership team, all of whom want to actively participate in this charitable initiative. This collective effort reflects Warba’s culture of fostering teamwork and unity within the workplace, while also creating a positive environment that strengthens social cohesion and a shared sense of responsibility.
Concluding his remarks, Fakhro stated: “Warba Bank remains committed to continuously growing its Ramadan social programs year after year, ensuring the delivery of initiatives that align with the spirit and values of the holy month and deepen the Bank’s connection with the community. Throughout Ramadan, Warba Bank will continue to offer a range of meaningful social contributions by expanding its humanitarian and social initiatives, reinforcing the values of solidarity and compassion inspired by the principles of Islamic Sharia.”
Kuwait Aviation Services Company (KASCO) launched this strategic partnership with Warba Bank as part of its corporate social responsibility commitment, reflecting the Board of Directors’ and executive management’s dedication to supporting charitable and volunteer initiatives that promote cooperation and social solidarity, and contribute to sustainable development. KASCO is a leading provider of catering and food preparation services, in addition to its core operations in aviation services and aircraft catering as a subsidiary of Kuwait Airways. The company also delivers catering, banquets, event services and meal solutions to a wide range of government entities, as well as public and private sector organizations. KASCO holds several internationally recognized quality and safety certifications, including ISO 17025, ISO 22000, Halal Certification and HACCP for food safety, underscoring its commitment to the highest standards of quality, safety and operational excellence.
Warba Bank is among the banks that have achieved remarkable success in a short period, securing a leading position in Islamic digital banking services. It is also among the local banks with the largest number of shareholders, bringing it closer to all segments of society. This achievement further reinforces the Bank’s standing as a trusted financial partner that combines innovation with social responsibility in delivering best-in-class financial products and services.
Background Information
Warba Bank
Established in 2010, Warba Bank’s mission is to be a world-class bank that offers the entire gamut of banking & investment services in compliance with Sharia principles. It aims to achieve growth by continuously innovating on product quality, offering customized solutions and service excellence thereby gaining the confidence of customers from various walks of life. It also has a separate section for ladies.