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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Prudential — Insurance Business Module (PIN) [VER15/01-18]
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PIN A5.10.1



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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.

Subject to PIN Rule A5.10.2, hybrid cellular capital includes the following items:

(a) subordinated debt;
(b) preference shares;
(c) Owners' EquityG in a Takaful InsurerG , of the type described in PIN Rule A5.7.2; and
(d) Cell SharesG issued by a CellG to an investor who stands in the position of a Holding CompanyG in relation to the CellG , and whose own paid-up ordinary share capital, taken together with its general reserves, is lower than that of the CellG .

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