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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Insurance (Takaful) more

RBC framework for takaful expected next year

Posted on 26 July 2011

The risk-based capital (RBC) framework for the takaful industry is expected to be implemented in the first half of next year, paving the way for stricter capital requirements for Islamic insurance.
The move would enable takaful players to hold appropriate level of capital to undertake risks in their daily operations……………………………………….Full Article: Source

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