TA-3.1.5

Past version: Effective from 01 Jul 2007 to 31 Mar 2014
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For each general takaful fund, the required solvency margin is calculated on the basis of the premiums written and claims incurred by the fund. A risk factor is applied, to reflect the differing risk profiles of different classes of insurance. Refer to Chapter CA-2 for the detailed rules governing the calculation of the required solvency margin.

Rulebook Reference CA-2
Amended: January 2007