04/08/2025 02:15 AST

Takaful Oman and Al Maha Petroleum have partnered to offer Sharia-compliant insurance solutions directly through Al Maha's digital platforms.

The partnership aims to improve accessibility for users across Oman by integrating Takaful Oman's motor insurance products with Al Maha's user-friendly digital ecosystem.

The integration will be available exclusively through the Al Maha Plus application, enhancing the platform's role as a unified digital platform for everyday services.

This collaboration complements Oman's broader digital transformation agenda and supports national goals of service innovation.

Neelmani Bhardwaj, CEO of Takaful Oman Insurance, commented: "This agreement represents a defining moment in our journey toward a more digitally connected and customer-focused insurance model. At Takaful Oman, we are constantly looking at innovative ways to meet the evolving needs of today's digitally empowered customers. Collaborating with Al Maha Petroleum allows us to not only increase our reach, but to also make insurance more accessible, responsive, and aligned with the lifestyles of a tech-savvy generation. This is a step forward in our mission to transform how insurance is perceived and consumed in Oman."

Hamed Al Maghdri, CEO of Al Maha Petroleum, added: "We are proud to partner with Takaful Oman Insurance as part of our commitment to continuously enhance the value we offer to our customers. Our focus is on delivering integrated digital services that go beyond the conventional. This collaboration brings the power of insurance to our digital platforms-enabling customers to access critical financial protection tools alongside everyday services like fueling, payments, and loyalty rewards. Through our Al Maha Plus application, we are building a unified, customer-centric experience that simplifies access to essential services. This reflects our vision to evolve from a traditional petroleum provider into a digitally driven brand that truly puts the customer first."


Trade Arabia

Al Maha Petroleum, Hydronova to develop hydrogen solutions

06/01/2026

Al Maha Petroleum Products Marketing announced the signing of a Memorandum of Understanding (MoU) with Hydronova, aiming to cooperate in the development and operation of innovative hydrogen-based sol

Trade Arabia

Al Maha Petroleum launches its new premium PowerPlus 98 fuel in Oman

06/10/2025

Al Maha Petroleum has launched PowerPlus 98, a high-octane petrol (98 RON) designed to meet the needs of modern engines requiring precise combustion and better engine responsiveness. Produced in Oma

Times of Oman

Al Maha signs diesel supply agreement for Fahud heavy oil production Facility

19/09/2025

Extending Al Maha's relationship with Petroleum Development Oman, which has lasted for more than twenty-five years, the company's Chief Executive Officer, Eng. Hamed bin Salim Al Maghdri, signed a ne

Times of Oman

Ticker Price Volume
MHAS Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
OQEP 0.47 0.00 (0.00%)
OTEL 1.43 0.00 (0.00%)
OQGN 0.23 0.00 (0.00%)
PHPC 0.24 0.00 (0.00%)
ABRJ 0.41 -0.01 (-2.39%)
Gulf Bank launches beach cleanup campaign to mark World Ocean Day

10/06/2026

In line with its ongoing commitment to environmental sustainability and raising community awareness about the importance of protecting natural resources, Gulf Bank launched a beach cleanup campaign n

Kuwait Times

First Avenue fund targets prime Saudi education real estate assets

10/06/2026

First Avenue for Real Estate Development Company has announced that it has signed an agreement with SNB Capital, Dar Al Majed Real Estate Company (Almajdiah) and Rekaz Real Estate Company to establis

Trade Arabia

AD Ports launches trial operations at Noatum Ports - Safaga Terminal in Egypt

10/06/2026

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today launched trial operations at Noatum Ports - Safaga Terminal in Egypt ahead of the terminal's full

Trade Arabia

GFH, Octo in deal to develop $300m logistics and industrial platform

10/06/2026

GFH Bank today (June 9) announced the signing of a strategic MoU with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform a

Trade Arabia

Umm Al Qura unveils new mixed-use urban destination in Makkah

10/06/2026

Saudi developer Umm Al Qura has announced the unveiling of Masar Gardens, a mixed-use urban destination in Makkah featuring residential, commercial, hospitality, and public-use components backed by e

Trade Arabia