Muscat Clearing and Depository Company (MCD) provides a cash dividend distribution service, as well as distribution of sukuk and bond returns, liquidation proceeds, IPO surpluses, and any other monetary amounts assigned to MCD for distribution on behalf of listed joint-stock companies or securities issuers, in accordance with signed agreements between the parties.
The service aims to ensure fast and efficient delivery of financial entitlements to shareholders through clear and secure procedures, utilizing the latest technologies for direct electronic transfers to bank accounts, all within the policies approved by the relevant authorities.
