By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Gulf News
    • Saudi Arabia
    • UAE
    • Oman
    • Kuwait
    • Qatar
    • Bahrain
  • Business
  • Technology
  • Real Estate
  • Sport
  • Travel
  • Lifestyle
  • Rankings
  • Explained
  • Opinion
Search
Countries
More Topics
Site Links
  • Newsletter
  • Terms
  • About Us
  • Advertise with us
  • Contact Us
© 2023 Gulf Press. All Rights Reserved.
Reading: New regulations mandate fundraising licenses in Oman
Share
Notification Show More
Latest News
What Is Inflation and How Does It Affect Daily Life
What Is Inflation and How Does It Affect Daily Life
Explained
Top 10 Richest Cities in the Gulf Region 2026
Top 10 Richest Cities in the Gulf Region 2026
Rankings
How to Improve Your Daily Routine for Better Productivity
How to Improve Your Daily Routine for Better Productivity
Lifestyle
Best Football Players in Saudi Pro League Right Now
Best Football Players in Saudi Pro League Right Now
Sport
How to Buy Property in Saudi Arabia as a Foreigner 2026
How to Buy Property in Saudi Arabia as a Foreigner 2026
Real Estate
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • Business
  • Technology
  • Real Estate
  • Sport
  • Travel
  • Lifestyle
  • Rankings
  • Explained
  • Opinion
Search
  • Gulf News
    • Saudi Arabia
    • UAE
    • Oman
    • Kuwait
    • Qatar
    • Bahrain
  • Business
  • Technology
  • Real Estate
  • Sport
  • Travel
  • Lifestyle
  • Rankings
  • Explained
  • Opinion
Have an existing account? Sign In
Follow US
  • Terms
  • About Us
  • Advertise with us
  • Contact Us
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Gulf News > New regulations mandate fundraising licenses in Oman
Gulf News

New regulations mandate fundraising licenses in Oman

News Room
Last updated: 2024/11/04 at 5:56 AM
News Room
Share
3 Min Read
SHARE

The Ministry of Social Development (MOSD) in Oman has introduced new regulations through Ministerial Decision 336/2024 to govern charitable fundraising activities among private organizations. The decision mandates that private entities must secure a license from the MOSD before conducting any fundraising activities. However, committees, institutions, and funds established by the state or other public legal entities are exempt from this requirement. Licenses will only be granted for charitable purposes aligned with the organization’s objectives, and personal fundraising activities are strictly prohibited.

Moreover, the MOSD will monitor and supervise all fundraising efforts to ensure compliance with the established regulations. Natural persons are prohibited from collecting funds or promoting fundraising activities without prior approval. Organizations can collaborate with individuals for promotional purposes related to fundraising, subject to appropriate authorization. The decision enumerates permissible methods for collecting donations, including organizing events, utilizing digital platforms, selling purchase vouchers, and setting up collection boxes in public areas. Stringent guidelines are in place for each fundraising method to uphold transparency and accountability in financial transactions.

Notably, organizations are required to submit a detailed report on collection proceeds and expenditures within 15 working days after the fundraising campaign. Funds raised must be used solely for the intended purposes, with any deviations subject to the ministry’s approval. Organizations may convert in-kind donations into cash through public auctions, with up to 2% of collected funds allowed to cover administrative costs. Prohibitions against financial speculation with collected funds and actions contravening Omani laws or public order are included in the decision. Organisations are responsible for all fundraising costs and may engage sponsors to offset expenses.

To ensure transparency, licensed entities must maintain electronic records of fundraising operations and financial transactions for at least ten years. Administrative penalties for violations of the regulations are in place, including warnings, license suspensions, fines ranging from OMR10 to 500, and potential revocation of licenses for repeated offenses. The ministry may seize funds collected in violation of the regulations and determine the appropriate course of action for those funds. These regulations establish a robust framework for overseeing public fundraising efforts in Oman, promoting accountability and ethical practices within the sector.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Previous Article Nine river bridges completed between Vapi and Surat for India’s Mumbai-Ahmedabad Bullet Train Corridor
Next Article European Commissioner nominees undergo questioning by parliament
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

What Is Inflation and How Does It Affect Daily Life
What Is Inflation and How Does It Affect Daily Life
Explained June 7, 2026
Top 10 Richest Cities in the Gulf Region 2026
Top 10 Richest Cities in the Gulf Region 2026
Rankings June 7, 2026
How to Improve Your Daily Routine for Better Productivity
How to Improve Your Daily Routine for Better Productivity
Lifestyle June 7, 2026
Best Football Players in Saudi Pro League Right Now
Best Football Players in Saudi Pro League Right Now
Sport June 7, 2026

You Might also Like

Saudi Arabia

HungerStation Powers Hajj 1447 with Digital Solutions and National Partners

June 7, 2026
Bahrain

Rights Groups Praise Alternative Housing for Families Displaced by Iranian Aggression

June 7, 2026
Kuwait

Government Regulates Installation of Memorial Monuments

June 7, 2026
Oman

Dhofar Autumn 2026: Infrastructure and Tourism Readied for Extraordinary Season

June 7, 2026
Qatar

Qatar Airways Unveils Aircraft for FIFA World Cup 2026

June 7, 2026
UAE

Hamdan bin Mohammed launches Dubai autonomous taxi fleet

June 7, 2026
Bahrain

Tenders and Auctions Council Launches Online Tender Submission Guide

June 7, 2026
Kuwait

Kuwait Housing Authority Launches Tender for 10 Substations in South Saad Al-Abdullah

June 7, 2026
//

GulfPress is a modern Gulf media platform delivering trusted news, business insights, technology updates, real estate trends, travel stories, explainers, and rankings from across the GCC and the Middle East.

Quick Link

  • About Us
  • Editorial Policy
  • Corrections Policy
  • Advertise with us
  • Contact Us
  • Privacy Policy
  • Terms of use

How Topics

  • Gulf News
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

[mc4wp_form]

Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?