RAK charity and DIB to settle rent arrears worth Dhs520,000 for 97 families

With support from Dubai Islamic Bank (DIB), the Ras Al Khaimah Charity Association launched a humanitarian initiative to support families struggling to pay rent arrears due on their rented homes to real estate agents and landlords.

The initiative aims to enhance the financial and social stability of insolvent families and alleviate the burden they face in meeting their financial obligations.

According to Abdul Aziz Al Zaabi, Chairman of the Board of Directors of the Ras Al Khaimah Charity Association, the initiative targets 97 low-income families at a total cost of Dhs520,000. The association will begin implementing the initiative in the coming days to avoid potential legal action related to rent arrears, which could negatively impact the lives of individuals and families, he said.

Al Zaabi explained that the housing support initiative falls within the framework of the association’s commitment to assisting needy families and alleviating their financial burdens, thus consolidating family stability for their members.

The initiative represents an important qualitative step towards promoting the values of solidarity within the Emirati society in line with the association’s vision, mission and objectives, which aim to deepen the concept of charitable work among members of society, he said.

The association is continuing to exert efforts to expand the scope of humanitarian initiatives aimed at assisting more needy families in the community, he added.

The initiative coincides with the approaching Eid Al Adha to bring joy to the hearts of those with limited income.

Meanwhile, Al Zaabi expressed his thanks and appreciation to Dubai Islamic Bank for its continued support of the association’s humanitarian projects and initiatives.