A new magnetically separable catalyst consisting of Co(II) salophen complex covalently supported on imidazole functionalized silica coated cobalt ferrite was prepared. The synthesized catalyst was characterized by X-ray powder diffraction (XRD), transmission electron microscopy (TEM), vibrating sample magnetometry (VSM), thermogravimetric analysis (TGA), inductively coupled plasma atomic emission spectroscopy (ICP-AES) and Fourier transform infrared (FT-IR). The immobilized catalyst was shown to be an efficient heterogeneous catalyst for the oxidation of some alkenes using hydrogen peroxide (H2O2) as oxidant. The catalyst could be easily and efficiently isolated from the final product solution by magnetic decantation and be reused for 5 consecutive reactions without showing any significant activity degradation.