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  • Mudaraba Fee

    • CA-8.2.4

      For the insurance assets invested on behalf of the participants' fund(s), the Takaful operator collects a Mudaraba fee based on a fixed percentage of the net investment income from the fund and approved by the Shari'a Supervisory Board.

      Amended: April 2014
      Amended: October 2008
      Amended: January 2007

    • CA-8.2.4A

      Net investment income noted in Paragraph CA-8.2.4 refers to gross investment income less any investment expenses, but excluding any Mudaraba fee paid to the Takaful operator.

      Added: April 2014