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Islamic Finance Briefing - Categorized | Insurance (Takaful), Market Moves more

Risk Base Capital for Takaful to be implemented in first half of 2012

Posted on 26 July 2011

The Risk Base Capital for Takaful (RBCT), a takaful risk management framework in Malaysia, is expected to be implemented by the first half of next year.
Malaysian Takaful Association president, Datuk Syed Moheeb Syed Kamarulzaman said the framework would enable industry players to conduct a better risk management on capital, thus improving the takaful management system in Malaysia……………………………………….Full Article: Source

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