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Shariah and legal issues on takaful

Shariah and legal issues on takaful

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S8- DG resp<strong>on</strong>sible for registrati<strong>on</strong> S10- DG<br />

may impose c<strong>on</strong>diti<strong>on</strong>s for registrati<strong>on</strong>.<br />

S 8(5)- Vital Secti<strong>on</strong>- DG must be satisfied that<br />

the aims <str<strong>on</strong>g>and</str<strong>on</strong>g> operati<strong>on</strong>s –syariah principles.<br />

The AOA to establish SSC.<br />

S 16- TO shall establish <str<strong>on</strong>g>and</str<strong>on</strong>g> maintain a <strong>takaful</strong><br />

fund in respect of each classes of <strong>takaful</strong><br />

business.

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