Malaysia legislation
Section 86
of LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010
Section 86
(2)
Every Labuan takaful operator which carries on both family takaful business and general takaful business shall keep the accounts in respect of its family takaful business separate from the accounts in respect of its general takaful business.
(3)
Every Labuan takaful operator which is a branch of a
Malaysian takaful operator shall keep the accounts in respect of its Labuan takaful business separate from the accounts in respect of its domestic takaful business carried on in Labuan.
Submission of financial statements