Law & Regulation

Federal Decree-Law No. 51 of 2023 (Financial and Bankruptcy)

United Arab EmiratesInsolvency / BankruptcyIn Force

Current federal insolvency/bankruptcy framework, effective 1 May 2024, with a dedicated federal Bankruptcy Court (Abu Dhabi) hearing all cases since 15 July 2025 — an active institutional-implementation development worth monitoring. Superseded the UAE's 2016 bankruptcy law.

Instrument Overview

Official Citation
Federal Decree-Law No. 51 of 2023
Instrument Type
Decree
Source Language
Arabic (official); English translation available
Last Verified
11 September 2026