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CA-8.3.2

Past version: Effective from 01 Jul 2007 to 30 Sep 2008
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A takaful firm must maintain such accounting and other records as are necessary for:

(a) Identifying the assets representing the fund or funds maintained by it under Paragraph CA-8.3.1 above for each kind of business that it carries on;
(b) Identifying the liabilities attributable to fund or funds maintained by it under Paragraph CA-8.3.1 above for each kind of business that it carries on; and
(c) Complying with the accounting standards established by the 'Accounting and Auditing Organisation for Islamic Financial Institutions' ('AAOIFI').
Amended: January 2007