What are the requirements for disbursing amounts from the fund?
The shareholder’s identity must match the identity registered in the system, and the signature must match the one on the form.
Can another person be authorized to receive the due amounts, and what are the requirements?
Yes, another person may be authorized to receive the amounts. The shareholder must issue an official power of attorney and attach a copy of the authorized person’s ID.
How are amounts disbursed from the fund to shareholders?
Amounts are disbursed via bank transfer, and it is necessary to update bank account details through available channels (Oman Stocks App or website).
How are amounts disbursed from the fund to heirs?
In the case of disbursing funds to heirs, the transfer is made to the heirs’ account or to an authorized representative’s account, if a power of attorney has been provided to receive the amounts.
