News Middle East18 May 2022

Takaful:Bank Negara Malaysia releases financial reporting policy for takaful operators

| 18 May 2022

Bank Negara Malaysia (BNM), the central bank of the southeast Asian country, has published a policy document that sets out revised requirements to ensure alignment with Malaysian Financial Reporting Standard (MFRS) 17 "Insurance Contracts" and MFRS 9 "Financial Instruments".

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