6.3.1. Investment policy

A Takaful Operator must establish and maintain an investment policy which specifies

• (a) the nature, role and extent of its investment activities; and
• (b) how it complies with TRR 6.1 (Admissible assets).

6.3.2. Procedures for complex and non-transparent investments

A Takaful Operator must establish procedures for managing the risk associated with more complex and less transparent classes of asset and investment in markets or instruments that are subject to less governance or regulation.