Wednesday 29, January 2014 by Matthew Amlôt

Bank Muscat proposes a 40 per cent dividend

Bank Muscat has proposed a 40 per cent dividend for 2013, 25 per cent in cash and 15 per cent in the form of mandatory convertible bonds. Shareholders would receive OMR 0.025 per ordinary share in cash, aggregating to OMR 53.81 million. Mandatory convertible bonds In lieu of cash dividend aggregate to OMR 32.28 million.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more