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

Al Madina Takaful AMAT
AMAT 0.89%
Financial 0.50%
MSM30 Index 0.06%
Last Value
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Price in OMR Last Update : 22 Jun 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...

  • 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,...

  • Investment leaders must transform for industry to flourish Apr 05, 2017 | Source : Saudi Gazette

    Investment industry is at an existential crossroads, CFA Institute said in a study revealed Tuesday titled “The Future State of the Investment Profession”. The study warns that investment industry leaders who fail to transform their business models...

  • EDB in strategic partnership to transform Bahrain into region’s financial technology powerhouse Mar 30, 2017 | Source : Saudi Gazette

    The Bahrain Economic Development Board (EDB), FinTech incubator and ecosystem builder Singapore Fintech Consortium (SFC) and Dubai-based asset management and advisory firm Trucial Investment Partners, have partnered to develop a FinTech (financial technology) ecosystem and regulatory framework for...

  • CBO signs MoU with Central Bank of Iran Mar 27, 2017 | Source : Muscat Daily

    The Central Bank of Oman (CBO) recently signed a Memorandum of Understanding (MoU) with the Central Bank of Iran, pursuant to the distinguished relations between the Sultanate of Oman and the Islamic Republic of Iran. According to...

  • 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.

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