Oman’s insurance and stock market regulator Capital Market Authority (CMA) is formulating separate set of regulations for Sharia-compliant takaful insurance and Sukuk debt instruments, a top-level official of the market regulator said.
“We are finalising a contract with a consultant for formulating regulations for both takaful insurance and sukuk,” said Abdulla bin Salem Al Salmi, Acting Executive President of CMA………………………………………..Full Article: Source