Section 84
Margin of solvency
of Labuan Islamic Financial Services and Securities Act 2010
ActIn forceProvision 84 of 161
Section 84
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.