Malaysia legislation

Section 84

of LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010

Section 84

Margin of solvency

Every Labuan takaful operator, including a takaful licensee which carries on Labuan captive takaful business, shall ensure that the realizable value of its assets exceeds the amount of its liabilities by a margin in such an amount or calculated in such manner as may be specified in writing by the Authority from time to time.