UAE Takaful regulation 2026: New rules protect Islamic insurance subscribers with fund separation and tighter oversight

UAE Takaful regulation 2026: New rules protect Islamic insurance subscribers with fund separation and tighter oversight

Abu Dhabi: The Central Bank of the UAE has mandated that Takaful insurance companies, and Takaful windows in other insurance companies, completely separate the funds of subscribers from the assets of insurance companies. It also mandated them to allocate funds to pay compensation and benefits due to the insured and beneficiaries, within a new system that came into effect in September 2026.The system prohibits the transfer of the Takaful fund or …