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Takaful Oman Insurance Co. SAOG
Takaful Oman Insurance SAOG is the Sultanate’s first full-fledged Islamic insurance company, which was promoted by OIC, ONIDCO, ONIC Holding, National Bank of Oman, Bank Muscat, Bluedoor Investments and T’azur Takaful company (Kuwait). The principle activity of the company is to manage General and Family Takaful activities by adopting a hybrid model of wakala and mudaraba.
The company completed an IPO in 2013 and shares commenced trading on the Muscat Securities Market in February 2014. Takaful Oman has four branches in Ibri, Sohar, Nizwa and Salalah.
