01
Document overview
Separated family, general and health takaful, required a licence for each branch and clarified the FSA's power to require actuarial assessment of general and health takaful.
02
Scope and exclusions
Applies to
Applies to Articles 3, 9 and 41 of Royal Decree 11/2016 and to the licensing structure of takaful operators.
Limitations and exclusions
Does not replace the remaining provisions of the principal Law or Executive Regulation; fund segregation and licensing must be checked against the current instrument set.
04
Official source
Royal Decree 45/2021 · effective 21 June 2021 · Oman Ministry of Justice and Legal Affairs
September 13, 2026
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