Shariah and legal issues on takaful

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S8- DG responsible for registration S10- DG may impose conditions for registration. S 8(5)- Vital Section- DG must be satisfied that the aims <strong>and</strong> operations –syariah principles. The AOA to establish SSC. S 16- TO shall establish <strong>and</strong> maintain a takaful fund in respect of each classes of takaful business.
Maintains a surplus of assets over liabilities Takaful (Surplus of Assets over liabilities) Regulations 1985. Family Solidarity Business- RM5 million Takaful Business- RM10 million.
Page 1 and 2: Islamic Law of Banking and<
Page 3: Legal Position S 4 of the TA- taka
Page 7 and 8: Takaful Business 1. Family Solidar
Page 9 and 10: Family Solidarity Business 1. Indi
Page 11 and 12: I. Takaful Maasyi Plan- annuity pro
Page 13 and 14: General Business Fire Takaful Sche
Page 15 and 16: Issues Takaful contract based on m
Page 17 and 18: Issues The TA does not mention the
Page 19 and 20: Should the takaful be confined to P
Page 21 and 22: The purpose: 1. to determine the mo
Page 23 and 24: Whether the principle of insurable

Shariah and legal issues on takaful

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