UAE Central Bank and Financial Institutions Decree-Law — Article 104 — Article (104) Takaful Insurance Business

Takaful Insurance Companies, Re-Takaful Insurance Companies and Insurance Companies that carries on Takaful Insurance business shall engage in Takaful Insurance business in such a manner that does not violate the rules and principles of the Islamic Shari`ah, and as per the business models determined by the Higher Shari`ah Authority, which shall be reflected in their memorandum and articles of association.

Interpretation and application must be checked against the official text and current version.