Bank Muscat supports ‘Fak Kurba’ to resolve cases of financial debt

Muscat: Bank Muscat has extended support to ‘Fak Kurba’ initiative launched by Oman Lawyers Association to secure release of citizens and residents serving prison sentence for failure to clear financial debts. None of these cases relate to payments involving banks or financing companies.

The generous gesture by the bank will result in the release of imprisoned citizens from different regions in the Sultanate, facilitating reunion with their families and dear ones during the joyous occasion of Eid Al Fitr. Bank Muscat presented a cheque to Oman Lawyers Association to resolve 190 cases of citizens currently serving prison term or have arrest warrants issued against them, at a ceremony organised at the bank’s head office in the presence of Abdul Razak Ali Issa, Chief Executive, and H.E Dr. Mohammed Bin Ibrahim Al Zadjali, Chairman of the Legislative and Legal Committee of Majlis Ash’shura.

Abdul Razak Ali Issa, Chief Executive, said: “Bank Muscat, as part of its commitment to benchmark social responsibility, is proud to support the unique ‘Fak Kurba’ initiative by Oman Lawyers Association. We commend the humanitarian gesture of the legal fraternity in Oman. The bank’s association with the initiative reiterates its commitment to extending a helping hand to deserving beneficiaries, thereby supporting them to lead normal lives. We are gratified to partner with the Lawyers Association and secure the release of 190 citizens to facilitate a joyous Eid Al Fitr reunion and celebration with their families and dear ones. Bank Muscat always leads by example in sustainable social development initiatives and we encourage all corporates to give strong support for such initiatives to spread happiness and joy in the lives of people facing hardships.”

The ‘Fak Kurba,’ initiative was launched in 2012 by the Lawyers Association in coordination with the Ministry of Social Development and the Council of Administrative Affairs for the Judiciary. ‘Fak Kurba’ is a voluntary association of lawyers committed to making a difference in the lives of people facing insolvency charges. The association receives lists of people charged with insolvency cases from all 44 courts in Oman and seeks to help as many people as possible with a maximum limit of RO 5,000 per case. Only persons involved in labour, Shari’a, civil and commercial cases are considered for ‘Fak Kurba’ support.