The initiative by the Indian Business and Professional Council (IBPC) has been approved by its governing board, the council's chairman Sudesh K Aggarwal said.
The funds shall be raised from the members of IBPC and Indian community in the UAE and shall be distributed to the affected people in rebuilding their lives, he said.
"This is a humanitarian effort and whatever we can do to alleviate the sufferings of the people, we must come forward to contribute our bit in it", Aggarwal said in a statement released here.
IBPC Sharjah has raised funds for humanitarian causes in the past and has helped many Indians in distress.