Auto
NBO introduces Shariah-compliant motor insurance
National Bank of Oman (NBO) has teamed up with leading insurance company Takaful Oman to offer its customers market-leading Shariah-compliant motor insurance; ‘Takaful Motor Plan’.
Tailored to protect vehicles, the insurance covers cars of all ages and comes with extensive coverage, including loss of or damage to vehicles, accidental collision or overturning, theft, fire or the malicious act of a third party. Additionally, it has third-party liability and natural perils cover.
“As our customer’s financial partners, we have a responsibility to protect and safeguard their belongings,” said John Chang, General Manager and Chief Retail Banking Officer at NBO. “Our insurance plan is unique and has been carefully designed to provide not only maximum coverage but also great value, unlike anything in the market. Customers looking to secure their vehicles can rest assured that our insurance policies will provide them with the peace of mind they want and seek.”
Read more: Self-Driving Cars May One Day Kill Auto Insurance as We Know It
The protection also comes with outstanding free benefits including UAE cover, personal accident cover for up to five passengers, medical expenses for emergencies due to an accident in the insured vehicle, roadside assistance and dealership repairs for the first year.
Customers can also take advantage of a replacement car for up to 15 days, a pickup and delivery service for routine car maintenance once a year, and annual worldwide travel cover with unlimited trips of up to 92 consecutive days per trip, all at a nominal additional cost.
The Shariah-compliant motor insurance is offered at competitive rates. Customers can enroll with few quick and easy steps; hassle-free. To find out more, visit any branch or contact NBO’s call centre on 80077077.
-
News2 months agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
News2 months agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
News2 months agoThales & Ankaa to Deliver Multi-Mission Air Traffic Surveillance Radars for Oman, Capable of Supporting Civil & Military Operations
-
Economy2 months agoWhat Higher Oil Prices Mean for Oman’s Economy in 2026
-
Economy2 months agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Business2 months agoOman India Fertiliser Company Lists on Muscat Stock Exchange
-
Banking & Finance1 month agoBank Muscat posts net profit of RO137.49 million in H1 2026
-
Insurance2 months agoLEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook

You must be logged in to post a comment Login