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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Rulebook Modules
Prudential — Insurance Business Module (PIN) [VER15/01-18]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

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PIN A3.3.3

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The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

Owner's EquityG in a Takaful InsurerG other than amounts referred to in PIN Rule A3.3.1(c) must be classified as hybrid capital for the purposes of this section if:

(a) under the constitutional documents of the InsurerG or the terms of insurance contracts or both, participation in the surpluses and losses of Takaful business is limited to the policyholders of the InsurerG ; and
(b) the Owners' EquityG is available for loan to the Insurance FundG of the InsurerG .

Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]