CA-8.3.8

Past version: Effective from 01 Oct 2008 to 31 Mar 2014
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The Rules in this Chapter in respect of the segregation of funds by a Takaful firm are similar to the Rules set out in Chapter CA-3 relating to long-term insurance business. In the case of a family Takaful fund this similarity is most pronounced. However, the Rules set out in Chapter CA-3 still apply even if the Takaful fund is a family Takaful fund, in particular the requirement to separate linked family Takaful business into a separate fund.

Amended: January 2007
Amended: October 2008