Kingdom of Bahrain - "IFSB" looking into a draft on guiding principles for Re-Takaful
Wednesday, 12 23 2015, Category: Islamic Insurance, Country: Bahrain
The Islamic Financial Services Board IFSB will be discussing a draft on guiding principles for re-takaful or Islamic reinsurance during the beginning of January in Manama, capital of Bahrain. The aim of the debate is to discuss the issues included in the draft No. 18 recently issued by the Board on re-takaful principles and provide guidance on re-takaful for the regulatory and supervisory authorities and people involved in the re-takaful industry. It is noteworthy that the Board had issued this draft for public consultation for a period of up to two months starting from 5 November, 2015.
Source: Al Mal