Sharjah Debt Settlement Committee Allocates AED76 Million for 147 Cases


Sharjah: In line with the directives of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Sharjah Debt Settlement Committee (SDSC) has approved a sum of AED76,350,000 to settle the debts of 147 cases presented to the committee. This initiative aims to ensure a stable and dignified life for citizens in Sharjah.



According to Emirates News Agency, Rashid Ahmed bin Al-Sheikh, Head of the Sharjah Ruler Court (Amiri Diwan) and Chairman of the Sharjah Debt Settlement Committee, announced the approval of the 28th instalment, which allocates AED76,350,000 to address the debts of 147 individuals. This includes those convicted in financial cases and deceased insolvents.



Al-Sheikh further highlighted that the total funds processed from the first instalment to the 28th batch have reached AED1,279,987,153, benefiting a total of 2,648 individuals.