Islamic Financial Services Act 2013 - Meaning of IFSA and when it is established?, FSA more to convetional part such as insurance, IFSA including takaful and islamic banking services - Different between FSA and IFSA, Takaful services and Islamic banking services - What items include in IFSA ?, Provide regulation and supervision of financial institution, payment system and other relevant entities compliance with shariah - What the purpose of IFSA, Takaful, as mentioned in IFSA 2013, is an Islamic insurance concept based on mutual assistance and cooperation. - What is Takaful, as mentioned in IFSA 2013?, IFSA 2013 safeguards Takaful participants through transparency, fairness, responsibility, and dispute resolution mechanisms. - How does IFSA 2013 protect Takaful participants' rights?, The Shariah advisor ensures Takaful operations comply with Islamic ethical standards. - What is the role of the Shariah advisor in the Takaful industry under IFSA 2013?, IFSA 2013 enhances Takaful industry stability through regulatory standards that mitigate risks, improve governance, and ensure financial soundness. - How does IFSA 2013 promote the stability of the Takaful industry?, No one shall make or cause to be made false entry - Criminal offences state in IFSA 2013 section 259, Completeness and accuracy of information   - Ethical terms within context of Islamic Banking in IFSA 2013,

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