The Company

Awards & Recognition

Awards and recognition reflect the dedication and commitment of our team, the faith our customers have invested in us and the support of our stakeholders. – Usama Al Barwani, CEO, Al Madina Takaful.


Al Madina Insurance Company SAOG (Al Madina Takaful) named Best General Takaful Provider Oman 2023 at prestigious Global Banking & Finance Awards

Al Madina Insurance Company SAOG (Al Madina Takaful), one of Oman’s leading Insurance companies and the first Takaful provider, has recently received the 'Best General Takaful Provider Oman 2023' honour at the prestigious UK-based Global Banking & Finance Awards 2023.

The Global Banking & Finance Awards are highly regarded in the financial sector. Renowned for recognizing excellence and innovation in the global financial sector, the 13th edition of the Global Banking & Finance Awards acknowledged Al Madina Takaful's outstanding contributions to the Insurance industry and to its customers.

Al Madina Takaful's win is attributed to its exceptional performance in various aspects of the Insurance industry. The company offers a comprehensive range of Sharia‘a - compliant insurance products to both retail and corporate clients. Its wide product portfolio includes General, Life, and Health Takaful products, covering areas such as Motor, Travel, Home, Domestic workers, Pleasure craft, Fire, Engineering, Energy, Aviation, Liability, General accident, Marine cargo Insurance products, served through an extensive network of branches, kiosks, and agencies. Al Madina Takaful distinguishing itself through professionalism, integrity, exceptional services and commitment to its customers and all the stakeholders.

In response to the achievement, Mr. Usama Al Barwani, CEO of Al Madina Takaful, stated, "This prestigious award is a testament to our unwavering commitment to excellence, innovation and sustainability in the insurance industry. We are proud to be recognized for our dedication to providing top-notch insurance solutions to our valued customers."

Deputy CEO, Mr. Shakaib Mahmood, expressed, "Receiving the 'Best General Takaful Provider Oman' award is a reflection of the collective effort of our entire team. It motivates us to continue striving for excellence and delivering superior services to our clients."

Head of Operations (Acting), Mr. Aneesh Varghese, added, "This recognition underscores our operational efficiency and customer-centric approach. We are grateful for the trust our clients place in us, and we remain committed to setting new benchmarks in the Insurance industry. We take pride in consistently delivering high-quality insurance solutions to our valued clients "

Al Madina Takaful's triumph at the Global Banking & Finance Awards reaffirms its standing as a pioneer in the insurance sector, offering innovative and customer-focused Takaful solutions to its customers in Oman.


Al Madina Takaful has won ‘Best Arab Company’ in the insurance category twice at the annual ‘Arab Best’ Awards.

Ajay Srivastava, COO of Al Madina Takaful received the award on behalf of the company.

The coveted ‘Arab Best Awards program is organised in the Kingdom of Morocco, in recognition of excellence in the Arab world, in the categories of Leadership, Business and Community. The Awards recognise exceptional organisations and professionals in the Arab world. This Awards attracts wide participation, and the winners are honoured in the presence of leaders from many leading Arab and international organisations.



Al Madina Takaful wins Best Arab Insurance Company Award

Al Madina Takaful was also awarded the Best Arab Company in the insurance category at the Arab Best Award 2017 at a ceremony held in Marrakech, Morocco.


Al Madina Takaful CEO Usama Al Barwani received Best Arabian 100 CEO Award at Arab Best Award 2017.

The ‘Arab Best Award’ recognises the best in the Arab world in leadership, business and community and sports. The award aims at motivating innovators from Arab countries and encourages them to innovate and excel in business categories.


Al Madina Takaful won Oman Insurer of the Year at the MENAIR Insurance Awards 2016

The award is one of the most reputed and respected recognition in the industry. This is a milestone achievement for the organisation beating both local and regional players operating in Oman and came at a time when the industry was facing tough challenges.


Copyright - Al Madina Insurance Company SAOG, All rights reserved - 2024 Disclaimer & Privacy Policy