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2010 IFSB-11 - Standard on Solvency Requirements for Takaful (Islamic Insurance) Undertakings

2010 IFSB-11 - Standard on Solvency Requirements for Takaful (Islamic Insurance) Undertakings

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Published by: isfinturk on Dec 22, 2010
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12/21/2013

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ISLAMIC FINANCIAL SERVICES BOARDSTANDARD ON SOLVENCY REQUIREMENTS FOR
TAK 
 Ā
FUL
(ISLAMIC INSURANCE) UNDERTAKINGSDecember 2010
 
 
ISBN: 978-967-5687-04-4
 
 
ABOUT THE ISLAMIC FINANCIAL SERVICES BOARD (IFSB)
The IFSB is an international standard-setting organisation which was officially inaugurated on3
rd
November 2002 and started operations on 10
th
March 2003. The organisation promotesand enhances the soundness and stability of the Islamic financial services industry by issuingglobal prudential standards and guiding principles for the industry, broadly defined to includebanking, capital markets and insurance sectors. The standards prepared by the IFSB follow alengthy due process as outlined in its Guidelines and Procedures for the Preparation ofStandards/Guidelines, which involves, among others, the issuance of exposure drafts, holdingof workshops and where necessary, public hearings. The IFSB also conducts research andcoordinates initiatives on industry-related issues, as well as organises roundtables, seminarsand conferences for regulators and industry stakeholders. Towards this end, the IFSB worksclosely with relevant international, regional and national organisations, research/educationalinstitutions and market players.For more information about the IFSB, please visit
www.ifsb.org

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