Two Days Training on Takaful (Islamic Insurance) and Takaful Product Development
(Online Training)
27-28 August, 2021
Online Training
Course Director
Presented by:
Noor Islamic Finance Solutions
Education Partners
Overview
This training presents Takaful, Takaful Business Models and Takaful Product Development and other related topics with the latest trends in the field of Takaful (Islamic Insurance) industry. Islamic Financial industry is growing exponentially around the globe due to its distinguishing features of sustainability. Islamic finance emerging phenomenon not only fuel the sustainable economic growth rather it helps to eradicate the poverty from the society and enables people to uplift their lives. Due to its emergence, the industry needs right skilled human resources to make it more visible.
Keeping in view importance of Islamic finance industry, we have Two-Days interactive training program that will provide great learning to understand the origin, evolution and contemporary practices of Takaful with its business models. The course will focus on the Takaful and its working mechanism, product development, Takaful marketing etc. to enrich the relevant skills which will enable you to penetrate in the emerging and growing market.
Who Should Attend
This course is ideal for Insurance employees, Insurance companies top management, and the banking and finance student who want to get familiar with the new phenomenon in-order to participate the Islamic finance (specifically Takaful) market.
Benefits of Attending
Benefits of Attending- To explore Takaful working mechanism
- Enrich the understanding of Takaful products structure
- Organizational sustainable financial growth
- To learn about the business models working
Tentative Contents/Agenda
Two Days Specialized Online Training on Takaful (Islamic Insurance) and Takaful Product Development on 27-28 Aug, 2021
Introduction & Past – Present – Future
- Definition & Fundamental Principles
- Difference in Concept & Difference in Contract
- Early practices
- Takaful practice through the ages
- Evolution during the seventies
- Formation of first Takaful companies
- Future Prospects of Takaful Business
Features of Islamic Finance
- Prohibition of Riba (Interest)
- Prohibition of Gharar (uncertainty)
- Prohibition of Maysir (Gambling)
- Unlawful Goods and Services
- Sources of Law and Islamic Commercial Law
- Judicial Opinion and Fatwas
Takaful Business Models
- The Mudaraba Model
- Structure of Mudarabah Takaful Model
- Mechanism of Mudarabah Takaful Model
- The Wakala Model
- Structure of Wakala Takaful Model
- Mechanism of Wakala Takaful Model
- Hybrid Model
- Structure of Mudarabah Takaful Model
- Mechanism of Mudarabah Takaful Model
Takaful Products
- General Takaful
- Structure of General Takaful (Wakala Model)
- Mechanism of General Takaful
- General Takaful Products
- Family Takaful
- Structure of Family Takaful
- Mechanism of Family Takaful Model
- Family Takaful Products
Takaful Documents
- Proposal form
- Participants’ Membership Documents
- Claims procedures
- Surplus sharing mechanism
Re-Takaful
- Background
- Current Key players
- Constraints and Issues
- Recent development
Banca Takaful
- Concept of ‘one –stop shop’ & ‘Financial Super Market’
- Types of Banca Takaful products
- Need to tailor certain products
- Integration issues
- Regulatory issues & need for disclosure
- Banca Takaful marketing
Takaful Differences
- Major Differences between Takaful and Insurance
Takaful Worldwide
- Statistics
- Global Takaful growth
- Future prospects
- Conclusion
Takaful Marketing
- Creating Awareness
- Offer ‘Vs’ Sales’
- Market Conduct
- Follow ups
- Client serving & client retention
Venue
Online Training
Online Training
Tel: +92 321 414 9969
eMail: info@noorifs.com
Course Fees
|
|