Legal - Retakaful: A new Exposure Draft on retakaful

The Islamic Financial Services Board’s Exposure Draft 18 contains key principles and standards of best practice for retakaful activities. Ms Susan Dingwall and Mr Martin Schneider of Norton Rose Fulbright LLP zero in on the distinct features of retakaful operations which have shaped the Draft, while summarising the Board’s guiding principles on retakaful.