Business Summary
Al Madina Insurance Co SAOG is an Oman-based takaful insurance company. The Company is engaged in the business of general and family takaful activities and investments by adopting the Wakala and Mudarbah models respectively, on behalf of the participants in accordance with Islamic Shari'ah rules and principles. The Company operates in three business segments: fire, energy, medical, engineering, liability, and general accident; motor, marine, and aviation; and family takaful. Its business divisions include Personal Insurance, which provides motor insurance, travel insurance, domestic helper insurance, life insurance, home insurance, pleasure craft insurance, individual credit life insurance, individual critical illness insurance, and livestock insurance; and Corporate Insurance, which provides motor fleet insurance, engineering insurance, property & commercial insurance, employee benefits insurance, group credit life insurance, general accident insurance, and marine insurance.
Country of Incorporation
Oman
Incorporation Date
2006-05-15
Business Sector
Insurance
Company Address
Office No. 301/302, Bldg No. 6, 3rd Floor, Muscat Grand Mall, Ghubra, P. O. Box 80