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FINANCIAL NEWS
Al Madina Insurance becomes first Takaful provider in Oman
05 Jan 2014
(MENAFN) The Capital Market Authority (CMA) has agreed to offer its sharia-compliant products to Al Madina Insurance Company SAOG under the trade name “Al Madina Takaful”, according to Oman Observer.
The company announced that it has begun issuing Takaful policies with effect since the beginning of 2014.
Al Madina Insurance Company SAOG said: “All of the existing contracts with policyholders will comply with Takaful regulations in the Sultanate of Oman. Al Madina Insurance Company SAOG assures all its policy holders that there will be no change in their existing contribution (premium) and coverage of risk.”
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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