philanthropy, in conjunction with the UAE government. Organisations that have benefited from the company's CSR policies include the Red Crescent Society, the Sheikh Mohammed Bin Rashid Al Maktoum Charitable Trust, Bait-ul-Khair, the UAE's Education Ministry and the Health Ministry, among many others. Firoz Merchant has also contributed towards Corrective Institutions in order to release prisoners belonging to various nationalities jailed in the UAE. As a kind gesture, Merchant has decided to spend 1 million US dollars (3.8 million dirhams) to help free prisoners who are behind bars in UAE due to non-payment of debts. He has already paid 150,000 dirhams for the release of 132 prisoners from Ajman Central jail. He will pay the remaining amount to secure the release of more prisoners. Notes External links Wingold Next Jewellery retailers of the United Arab Emirates Jewellery retailers of India Companies based in Dubai Retail companies established in 1989 Gold in India Privately held companies of the United Arab Emirates Emirati companies established in 1989