Oman Capital Market Authority Decision No. 76/2020
On the issuance of the Regulation of the investment in the assets of insurance and Takaful insurance companies
Pursuant to Insurance companies Law enacted by Oman Sultani Decree No. 12/1979 ; and
The Capital Market Law enacted by Oman Sultani Decree No. 80/1998;and
Takaful Law enacted by Oman Sultani Decree No. 11/2016; and
The Executive Regulation of the Insurance Companies Law issued by Oman Ministerial Decision 5/1980; and
The Regulation for Investment of Insurance Companies Assets issued by Oman Decision No. 11/2007; and
Takaful Regulation issued by Oman Decision No. 103/2019; and
The approval of the Board of Directors of the Capital Market Authority
In the interest of the public.
It has been decided
Regulation for Investment of the Assets of Insurance and Takaful Companies
Chapter 1 - Definitions and General Provisions
Article 1
In the application of the provisions of this regulation words and expressions shall have the same meaning in the Insurance Companies Law and Takaful Law, and the following words and expressions shall have the meaning respectively assigned to them unless the context otherwise requires:
CMA: Capital Market Authority
Company: Insurance or Takaful Company licensed by the CMA