PINS 6.5.1 Prohibition on making or attributing loans
A takaful entity must not make or attribute any loans from a takaful fund it maintains to another takaful fund or to any other party, including but not limited to:
(a) the takaful operator (the shareholder fund);
(b) a person in a
(c) a participant (policyholder); and
controller or person with close links to the takaful entity.
|Amended by QFCRA RM/2015-3 (as from 1st January 2016).|