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

Al Madina Takaful AMAT
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Price in OMR Last Update : 21 Sep 2017 10:15 am (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...

  • Oman’s Islamic banking assets surge 34% to RO3.4bn in April Jul 10, 2017 | Source : Muscat Daily

    Total assets of Islamic banks and windows in Oman reached to RO3.4bn at the end of April 2017 compared with RO2.54bn a year ago, recording a robust growth of 34 per cent. Islamic banking industry now accounts...

  • Al Ahlia Insurance IPO opens for subscription Jul 09, 2017 | Source : Muscat Daily

    Al Ahlia Insurance Company SAOG (under transformation) announced the opening of its initial public offering (IPO) for subscription. Al Ahlia’s IPO, which opened for subscription on July 4, is the first IPO on the Muscat Securities Market...

  • Vision Insurance IPO to open for subscription on Sunday Jul 06, 2017 | Source : Muscat Daily

    Vision Insurance SAOG (under transformation) announced to launch its initial public offering (IPO) to raise nearly RO4mn from the primary market in Oman. The company is offering 25mn shares at a price of 162bz per share, according...

  • Fitch Ratings revises five Omani banks’ outlooks to ‘negative’ Jul 05, 2017 | Source : Muscat Daily

    Fitch Ratings has revised the outlook on five Omani banks - Bank Muscat, HSBC Bank Oman, ahlibank, BankDhofar and Bank Sohar - to negative from stable. The outlook on National Bank of Oman (NBO) remained stable. Fitch...

  • 5 points for businesses to create a VAT compliance road map Apr 18, 2017 | Source : Saudi Gazette

    The introduction of a harmonized Value Added Tax (VAT) and excise tax in the Gulf Cooperation Council (GCC) by 2018 constitutes an important policy reform that aims to reduce reliance on hydrocarbon revenues. According to the IMF,...

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