None of these circumstances relate to payments involving banks or financing businesses.
The help extended by Bank Muscat is in line with its vision ‘To serve you better, everyday’ and commitment to partnership in sustainable improvement.
The bank had extended help to the Fak Kurba initiative launched by OLA to safe release of citizens and residents serving prison sentence for failure to clear economic debts.
The gesture by the bank will outcome in the release of imprisoned citizens from across Oman, facilitating reunion with their households throughout the joyous occasion of Eid al Fitr.
The cheque was presented at a ceremony organised at Bank Muscat’s head workplace in the presence of AbdulRazak Ali Issa, chief executive, and Dr Mohammed bin Ibrahim al Zedjali, chairman of the Legislative and Legal Committee of Majlis A’Shura.
Issa stated, “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 the sultanate. The bank’s association with the initiative reiterates its commitment to extend a helping hand to deserving beneficiaries, thereby supporting them to lead normal lives.”
Issa added that the bank is satisfied to companion with OLA and safe the release of 190 citizens to facilitate a joyous Eid al Fitr reunion. “Bank Muscat always leads by example in sustainable social development initiatives. 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 OLA, in coordination with the Ministry of Social Development and the Administrative Affairs Council of the Judiciary.
Fak Kurba is a voluntary association of lawyers committed to creating a distinction in the lives of individuals facing insolvency charges. The association receives lists of individuals charged with insolvency circumstances from all 44 courts in the sultanate and assists as numerous individuals as feasible with a maximum limit of RO5,000 per case. Only persons involved in labour, sharia’a, civil and industrial circumstances are deemed for the help.
OLA has effectively run the Fak Kurba programme, facilitating the release of hundreds of citizens imprisoned on insolvency charges each year. Most of these circumstances have resulted from death of the bread-winner at residence, road accidents or vital illness whereby impacted individuals accumulated debts major to prison terms. This year, the initiative is reaching out for the fifth time following effective programmes in the prior years major to the release of hundreds of citizens facing insolvency charges.
Information Source: Muscat Daily