Takaful Regulations: IFRS4 Phase II - Stumbling over the building blocks?

Source: Middle East Insurance Review | May 2013

IFRS4 Phase II will radically affect the way insurance accounts are presented, as it would impact the profit arising in an insurance entity. Ms Farzana Ismail and Mr Lee Kin Hoe of Actuarial Partners Consulting examine the implications for takaful operators if takaful were to fall under the scope of IFRS4.

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