Labuan Islamic Financial Services and Securities Act 2010 · Updated to 15 Oct 2022 · Part VII · Labuan Takaful Business and Labuan Takaful Related Activities
81. Publication of list of all Labuan takaful licensees
Feedback & supportThe Authority shall publish annually not later than 31
March of each year a list of all existing takaful licensees as at 31 December of the preceding year and their licence numbers in the Gazette, and if any licence is issued, revoked or surrendered, subsequent to such publication, the Authority shall cause to be published in the Gazette as soon as practicable a revised list of all existing takaful licensees and their licence numbers.
takaful
“takaful” means a scheme in compliance with Syariah principles based on brotherhood, solidarity and mutual assistance which provides for mutual financial aid and assistance to the participants in case of need whereby the participants mutually agree to contribute for that purpose;
The list referred to in subsection (1) shall be contained in the same Gazette published by the Authority under section 106
of the Labuan Financial Services and Securities Act 2010.