MUSCAT SECURITIES MARKET (MSM)Trading Hours: Sun - Thu 10:00 am-1:00 pm

Al Madina Takaful AMAT
AMAT 1.09%
Financial 0.45%
MSM30 Index 0.31%
Last Value
% Change
Price in OMR Last Update : 23 Mar 2017 1:15 pm (local time)
  • Moody's affirms Al Madina rating; outlook revised to 'stable' May 12, 2016 | Source : Muscat Daily

    Moody's Investors Service affirmed its Baa1 insurance financial strength rating (IFSR) of Al Madina Takaful. At the same time the outlook was changed to ‘stable’ from ‘positive’. Moody's said the affirmation reflects Al Madina's insurance market share in Oman and product...

  • Al Madina Insurance appoints Barwani as acting chief executive Feb 29, 2016 | Source : Muscat Daily

    Al Madina Insurance, Oman’s first takaful provider, has announced the appointment of deputy CEO, Usama al Barwani, as its acting CEO and Ajay Srivastava as new COO. Gautam Datta, the current CEO, will be taking up a new assignment with an...

  • Moody's upgrades Al Madina Takaful rating, Outlook positive Dec 14, 2014 | Source : Muscat Daily

    Moody’s Investors Service has upgraded the insurance financial strength rating (IFSR) of Al Madina Takaful to Ba1 from Ba2. The rating carries a positive outlook for the Takaful provider, according to Moody’s.  In a statement Moody’s said that the...

  • Al Madina's New Drive for Motor Insurance Jun 15, 2014 | Source : Muscat Daily

    Al Madina Takaful, Oman's first takaful provider, launched a new promotion for customers on Sunday at its corporate headquarters at the Muscat Grand Mall. Under its 'Insure and Win' promotion for motor insurance, customers who sign up for a new comprehensive...

  • The challenges that fintech is facing Mar 17, 2017 | Source : Khaleej Times

    Cyber-security and threats to the financial privacy of individuals and institutions are the key challenges posed by the fast-emerging financial technology (fintech), according to experts at a seminar on the role of technology in banking and financial services.

  • Fintech forecast to redesign GCC financial sector by 2020 Mar 06, 2017 | Source : Saudi Gazette

    Fintech has the potential to alter financial services in the GCC by 2020, Xpress Money COO Sudhesh Giriyan forecast. Presently, the fintech revolution is still dwelling in its nascent stage in the GCC because of the lack...

  • OAB completes RO30mn bond issue to boost capital base Dec 29, 2016 | Source : Muscat Daily

    The Oman Arab Bank (OAB) successfully concluded its issue of Omani rial-denominated perpetual bonds, raising RO30mn as additional Tier 1 capital. The issue will boost the bank’s capital base and increase its capital adequacy ratio. The Investment...

  • U-Capital to acquire OAB’s investment banking business Dec 21, 2016 | Source : Muscat Daily

    Ubhar Capital SAOC (U-Capital) has agreed to acquire Oman Arab Bank’s (OAB) Investment Management Group (IMG) business. The investment-banking platform, which brings together Oman Investment Fund (OIF), Oman International Development and Investment Co (Ominvest) and Arab Bank...

  • Islamic Corporation for the Development (ICD) buys Capitas Group Oct 12, 2016 | Source : Saudi Gazette

    AS part of its strategy to facilitate private sector investment, the Islamic Corporation for the Development of the Private Sector (ICD), has acquired Capitas Group International and has changed its name to Catalyst Group. The existing Catalyst...

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