Doha: Businessman and investor Ibrahim Al Asmakh has donated QR100m to Qatar Charity to set up a micro-lending bank based on Shariah law for supporting poor and low-income segments of the society in Qatar and other Arab and Islamic countries.
Al Asmakh and Qatar Charity have signed an agreement in this respect. The proposed bank will help unemployed youth set up income-generating projects and undergo training, Al Asmakh said.
Source : http://www.zawya.com/story.cfm/sidZAWYA20101022061456/Qatar:%20Businessman%20gives%20QR100m%20to%20set%20up%20micro%20bank - Oct 22, 2010
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