01
Document overview
Requires prior written FSA approval before an insurance or takaful product is marketed and specifies the filing package: an Arabic policy or certified translation, pricing, advertising material, actuarial certification and, for takaful, Sharia-board certification.
02
Scope and exclusions
Applies to
Applies to licensed insurers and takaful operators launching and marketing insurance products in Oman; the FSA may require amendment or withdraw approval.
Limitations and exclusions
Product approval does not replace an insurer, intermediary, bancassurance or electronic-distribution licence and does not displace requirements for a specific policy class.
04
Official source
CMA Decision 69/2017 · issued 24 October 2017 · Official Gazette 1216 · effective the day after publication · Oman Financial Services Authority
September 13, 2026
Open official source ↗