PINS 6.4.5 Transactions in assets to be fair

A takaful entity must have adequate arrangements for ensuring that transactions involving assets of the takaful entity (other than transactions outside its control) do not operate unfairly between a takaful fund established and maintained under PINS Rule 6.2.1 and the shareholder assets of the takaful entity or, in the case where the takaful entity has more than 1 'identified fund', between those funds.

Amended by QFCRA RM/2015-3 (as from 1st January 2016).