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.
-
Highlights1 month agoOERLive: Top 10 Mathematical Problems AI Has Solved or Transformed
-
Magazines4 weeks agoOER Magazine July Edition 2026
-
Magazines4 weeks agoAl Mar’a Magazine July 2026
-
Banking & Finance2 months agoOman Housing Bank launches digital waiting list for housing loans
-
Alamaliktistaad Magazines4 weeks agoAlam Al-Iktisaad Magazine July 2026 Edition
-
Banking & Finance1 month agoOman Arab Bank CEO Sulaiman Al Harthi Retires as Ali Al Mani Is Named Successor
-
Banking & Finance1 month agoOERLive ANALYSIS: The Coldcard Hack Shows Why Bitcoin Self-Custody Remains Difficult for Ordinary Users
-
News1 month agoMade by Google 2026: Top 10 Biggest Launches You Need to Know – From the New Pixel 11 to a Life-Saving AI Watch

You must be logged in to post a comment Login