14.4.1. Minimum Capital Requirement (MCR) for a Captive Takaful Operator
For the purposes of Schedule 4 of TRR, the Capital Floor for a Captive Takaful Operator is
- (a) US$150,000 for a Captive Takaful Operator carrying on Captive General Takaful Business;
- (b) US$150,000 for a Captive Takaful Operator carrying on Captive Family Takaful Business; or
- (c) An amount specified in writing by the AFSA.