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Takaful Regulations, 2008 · s 8
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Takaful Regulations, 2008 · s 8
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
For the purposes of sections 5(2)(b} and 10(1)(b/ of the Order, a takaful operator shall have a surplus of assets over liabilities of not less than 20 per cent.
In determining the minimum amount of such surplus of assets, the Authority shall take into consideration the nature and modalities of takaful business.
Deposit with Authority.