01
Document overview
Creates a standalone Islamic-insurance regime covering operator licensing, participant and shareholder funds, Sharia supervision, contribution and surplus management, retakaful, disclosure and supervision.
02
Scope and exclusions
Applies to
Applies to companies carrying on family, general or health takaful in Oman and to related regulated functions.
Limitations and exclusions
Does not automatically apply to conventional insurers and does not replace rules for compulsory products, AML/CFT, consumer protection or electronic distribution.
04
Official source
Royal Decree 11/2016 · amended by Royal Decree 45/2021 · Oman Ministry of Justice and Legal Affairs
September 13, 2026
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