Accounting for takaful under IFRS17
    
        
            
                
            Source: Asia Insurance Review | Sep 2020
         
     
    
    
    
    
    
    
    
    Over the period during which IFRS17 was formulated, no submission was made to the IASB to determine its applicability to takaful. Takaful companies are now scrambling to determine how to apply the standard.
 
 
    
    
    
    
    
	
        
		
        
            
                
				
					
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