ARTICLE · 02 SEPTEMBER 2026
Preference Shares Under Omani Law
Preference shares (أسهم ممتازة) are a class of shares under Omani law that give their holders certain rights or privileges that differ from those attached to ordinary shares (أسهم عادية). These rights may relate to voting, dividends, liquidation proceeds, or other matters. Unlike ordinary shares, which generally carry the standard rights of ownership in a company, the rights attached to preference shares may be tailored to meet the company's needs and are set out in its Articles of Association.
OmanCorporate/Commercial Law
What Are Preference Shares?
Preference shares (أسهم ممتازة) are a class of shares under Omani law that give their holders certain rights or privileges that differ from those attached to ordinary shares (أسهم عادية). These rights may relate to voting, dividends, liquidation proceeds, or other matters. Unlike ordinary shares, which generally carry the standard rights of ownership in a company, the rights attached to preference shares may be tailored to meet the company's needs and are set out in its Articles of Association.
Key Considerations
- Preference shares may only be issued by Public Joint Stock Companies (SAOGs) and Closed Joint Stock Companies (SAOCs), not other company types.
- The rights attached to preference shares, such as priority in dividends, liquidation proceeds, or voting, must be set out in the company's Articles of Association, since neither the Commercial Companies Law nor its Executive Regulations lists these rights exhaustively.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
View source
