The IFSB issued its guidelines with regards to the takaful industry under the assumption that there is a single model of corporate governance that can work well for every country and in all types of business.

Question

Quizplus · Accepted Answer

The IFSB recognizes the diversity in the takaful industry and understands that different countries and types of businesses may require different models of corporate governance. The guidelines are designed to be adaptable and considerate of various legal, regulatory, and market environments.

The IFSB Issued Its Guidelines with Regards to the Takaful