1.4.1. Restriction on combining certain kinds of Takaful Business

A Takaful Operator must not carry on, in or from the AIFC, both Family Takaful Business and General Takaful Business unless the General Takaful Business is restricted to General Takaful Categories 1 (accident) and 2 (sickness).

1.4.2. Restriction on Takaful Operators carrying on non-Takaful Business

(1) A Takaful Operator must not carry on any activity other than Takaful Business unless the activity is directly connected with, or carried on for the purposes of, Takaful Business.

(2) For the avoidance of doubt, Managing Investments is not an activity directly connected with, or carried on for the purposes of, Takaful Business.