MUSCAT : Bank Muscat, the leading financial services provider in the Sultanate of Oman, has extended the impact of the “Fak Kurba” initiative organized by the Omani Lawyers Association in coordination with the Ministry of Social Development and the Supreme Judicial Council. The Bank’s annual support to the initiative reaffirms its ongoing commitment to Corporate Social Responsibility CSR and community service. The current edition of the initiative reflects the ongoing partnership between the Omani Lawyers Association throughout the past eight years. The initiative aims to support individuals incarcerated due to failing to clear financial obligations. The Bank has actively contributed to the initiative by supporting 297 cases of individuals involved in civil, commercial, religious, and labor-related cases. Until now, the Bank has contributed to the resolve of 2,200 cases, excluding cases related to banking or financial institutions.
The “Fak Kurba” initiative is an important volunteer-driven venture supported by the efforts of the Omani Lawyers Association and it aims to raise community awareness of the significance of social bonds and solidarity. The initiative, since it was launched in 2012, has contributed to resolving many cases across the Sultanate and has been running as a year-round sustainable project.
On this occasion, Hamad Hamdan Al Rubaie, Chairman of the Oman Lawyers Association, said: “We are pleasantly proud of continuing our partnership with Bank Muscat that has been the strategic contributor to the success of this humanitarian initiative for many years. The success of this year’s edition of the Fak Kurba initiative reflects the continued profound and positive impact of this humanitarian project since its inception. Throughout the past years, the initiative has contributed to the resolve of over 8198 individuals. We take pride in the growing support the initiative receives annually from both individuals and institutions, reflecting the solidarity of the Omani community in promoting values of cooperation and compassion. We would like to extend our sincere gratitude to all contributors for their partnership with the Association in implementing the initiative. Special thanks go to Bank Muscat for its ongoing and valuable support, which has resulted in the success and expansion of the initiative.”
Speaking about significance of the initiative, Talib Saif Al Makhmari, Head of Community and Media Relations at Bank Muscat, said: “We are glad that “Fak Kurba” continues to achieve it envisioned objectives, and the Bank constantly supports this significant community-driven initiative. The strategic partnership between the Bank and Oman Lawyers Association has spanned many years, driven towards widening the significance of the initiative on the community. This initiative serves as a tangible example of social solidarity and the Bank is grateful to all contributors to the success of the initiative for their remarkable role in bringing hope and joy to the families of the individuals. The resolve of cases serves more than just a legal practice as it provides individuals with an opportunity to start afresh and lead normal lives, thus enhancing social cohesion.”
Involvement in community-centric initiatives is one of the key pillars Bank Muscat has set to demonstrate its commitment to corporate social responsibility and community service. The Bank had launched CSR programmes across various fields including economy, education, social development, environment and sports. Bank Muscat constantly seeks to enhance cooperation with various associations and institutions to support the community. In recognition of its efforts in CSR, Bank Muscat has recently been recognized with coveted awards, including the Best Bank for Corporate Responsibility Award at Euromoney Excellence Awards, the Oman Sustainability Week Award (OSW) for the Sustainability and Environmental Social Governance (ESG) category, and the North Batinah for Social Investment Award by the Oman Chamber of Commerce and Industry. The Bank was recognized with the North Batinah Award for its Green Sports Programme, as the best initiative reaffirming the Bank’s commitment to CSR.
