TITLE

Legal matters

AUTHOR(S)
Khan, Sheikh Bilal; Hasan, Sheikh Badrul
PUB. DATE
September 2012
SOURCE
Islamic Business & Finance;Sep2012, Issue 74, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the legal and regulatory considerations for the implementation of the Takaful and ReTakaful operations in the Gulf Cooperation Council (GCC) countries. There are no single set of laws and regulations applicable to Takaful and ReTakaful in the GCC region and therefore providers need to comply with the regulatory requirements of each individual GCC country.
ACCESSION #
82679246

 

Related Articles

  • UAE: MENA reinsurers should create retakaful arms - EIA.  // MiddleEast Insurance Review;Dec2013, p23 

    The article discusses the highlights of the 10th Gulf Insurance Forum in Dubai, United Arab Emirates which discussed the need for reinsurers in the Gulf Cooperation Council to set up retakaful departments to play a stronger role in supporting the region's reinsurance industry.

  • GCC: Insurance Regulations Should be Revamped.  // MiddleEast Insurance Review;Oct2007, p24 

    The article reports on the issue of revising the legislation for the insurance sectors in Middle East states to keep up with global changes and requirements. Abdul Rahim Hassan Al Naqi, Secretary General of the Federation of Gulf Cooperation Council (GCC) Chambers, states that it is important to...

  • Strong outlook for GCC reinsurance markets. Srivastava, Shashank // MiddleEast Insurance Review;Oct2012, p15 

    The article focuses on a survey by Qatar Financial Centre (QFC) Authority of reinsurance markets in the Gulf Co-operation Council (GCC), which found that market sentiment remains upbeat among reinsures and brokers operating in the countries of the GCC.

  • Changes Among Reinsurance Operations.  // International Insurance Monitor;1999 2nd Quarter, Vol. 52 Issue 2, p28 

    Reports on the fiscal law in Mexico affecting reinsurance. Tax that will be imposed on interest paid to reinsurance institutions.

  • Resilient GCC firms optimistic for 2010: Mercer survey.  // MiddleEast Insurance Review;Feb2010, p12 

    The article reports on the optimism expressed by resilient Gulf Cooperation Council (GCC) firms on the performance of insurance markets in the Middle East in 2010 as stated in the new study from global human resource (HR) consulting firm Mercer LLC.

  • Model behaviour.  // Islamic Business & Finance;Nov2012, Issue 76, p44 

    The article discusses the increasing need of Takaful, a type of insurance in compliance with the Shari'ah law, in the Gulf Cooperation Council (GCC) region and Southeast Asia, as indicated in a report of the research firm Standard & Poor's Corp. It states that motor and medical insurance is the...

  • GCC insurance industry in transition to become internationally competitive.  // MiddleEast Insurance Review;Nov2015, p20 

    The article discusses the plan of the insurance industry in the Gulf Cooperation Council (GCC) to transform itself into a globally competitive sector. Topics discussed include the regulation introduced by GCC governments that are aimed towards consolidation, insurance companies' adoption of data...

  • GCC: Better underwriting approach can increase profits by 20%-30%.  // MiddleEast Insurance Review;Dec2009, p10 

    The article reports on the need of an underwriting right among Gulf Cooperation Council (GCC) insurance companies in the Middle East. It states that underwriting is a must so that insurance firms can improve their operational excellence which then lead to profitability by 20% to 30% and a boost...

  • Oman: Seminar Makes Recommendations for GCC Insurance.  // MiddleEast Insurance Review;Dec2008, p18 

    The article reports on the seminar of the Gulf Cooperation Council (GCC) pension and social insurance institutions organized by the Civil Service Pension Fund (CSPF) in Oman. The seminar has recommended that a unified insurance cover system be evaluated for GCC citizens working outside their...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics