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CA-8.2.2B

The Wakala fee must cover the total sum of the following components:

(a) The management expenses;
(b) The distribution expenses including intermediaries' remuneration, agents' commission and other expenses involved in making Takaful products available to the public; and
(c) A reasonable and appropriate margin of operational profit.
Added: April 2014
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(1 Version)
 
Apr 1 2014 onwards
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