The Chairman of the Capital Markets and Financial Institutions Supervisory Agency (“Bapepam-LK”) has issued Regulation No. Per/08/BL/2011 on the Forms and Procedures for Submitting Supervisory Reports Made by the Sharia Supervisory Council of an Insurance Company or Reinsurance Company that Operates All or Some of its Business According to Sharia Principles (“Regulation”).
Reporting Obligations: The Application of Sharia principles by Insurance/Re-Insurance Businesses
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