Thursday, October 15, 2026

Business News

Shariah-compliant United Omani Islamic Fund opens public subscription on October 18

The United Omani Islamic Fund will open its public subscription on October 18, offering investors an opportunity to invest in a Shariah-compliant fund targeting long-term capital appreciation through equities listed on the Muscat Stock Exchange (MSX).

TAS News Service

info@thearabianstories.com

Thursday, October 15, 2026

MUSCAT : The subscription period will run until November 1, 2026, according to information issued by the Muscat Stock Exchange.

The offering size exceeds RO 2 million, with each unit priced at RO 1 and a minimum subscription of 100 units, equivalent to RO 100.

The fund aims to generate long-term capital appreciation by investing in equities that comply with Islamic finance principles and are listed on the MSX. Its units are expected to be listed on the exchange following the initial offering period.

Prospective investors can consult the fund’s prospectus on the Muscat Stock Exchange website for further details about the offering, investment objectives and subscription procedures.

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