SDSC approves $76M settlement to clear debts in 147 cases

Photo: Sharjah Government Media Bureau

The Sharjah Debt Settlement Committee (SDSC) has approved a new payment of AED 76.35 million to help clear the debts of 147 individuals. This decision follows the directives of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, who is committed to ensuring a stable and dignified life for citizens.

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Rashid Ahmed bin Al-Sheikh, Head of the Sharjah Ruler’s Court (Amiri Diwan) and Chairman of the SDSC confirmed that this payment is part of the 28th batch of debt settlements. The financial support will help individuals struggling with debts, including those convicted in financial cases and families of deceased insolvent persons.

Since the launch of the SDSC’s debt settlement program, a total of AED 1.28 billion has been allocated to settle financial obligations. This has provided relief to 2,648 people, helping them regain financial stability and improve their quality of life.

The initiative reflects the vision of the Sharjah leadership to support citizens facing financial hardship. By approving regular debt settlements, the SDSC continues to ensure that individuals burdened with financial difficulties receive the necessary assistance to rebuild their lives.

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