Based on the Commercial Companies Law promulgated by Royal Decree 18/2019,
and in pursuance of public interest,
it is hereby decided
Article I
Public joint stock companies shall deduct a percentage of not less than 20% (twenty percent) from their budget allocated for social responsibility programmes for the benefit of Oman Charitable Organisation.
Article II
This decision must be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 25 Jumada Al-Awwal 1443
Corresponding to: 30 December 2021
Sultan bin Salim bin Said Al-Habsi
Minister of Finance
Chairman of the Board of Directors of the Capital Market Authority
Published in Official Gazette 1424 issued on 9 January 2022.