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This circular is to inform all insurance businesses and takaful operators to submit actuarial certificates along with the appropriate supporting paperwork into the Financial institution in electronic format.

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An unsecured Islamic individual bank loan intended specifically for govt sector staff - start out your repayments following the 3rd month

The Rules emphasizes on the Discover More Here necessity for takaful operators to put in position extensive inside treatments and safeguards to be certain very long-expression sustainability with the business enterprise Which pursuits with the stakeholders are safeguarded.

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In making sure that consumers’ interests are safeguarded, commission stage payable over the minimum amount top quality payment term shall be pro-rated based upon the minimum quality payment expression.

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