certificate owner "certificate owner" means the person who has the legal title to a takaful certificate and includes:- (a) where the certificate has been assigned, the assignee; (b) where entitled as against the takaful operator to exercise the rights of a legal owner of the certificate, the personal representative of a deceased certificate owner; and (c) in relation to a certificate providing for the payment of an annuity, the annuitant; ACT 720 - MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011 2. Interpretation.