Takaful (Islamic alternative for Insurance) is one of the most important sectors of Islamic finance. It provides protection from various risks without compromising on the precepts of Islamic jurisprudence. Takaful serves as a good alternative to conventional insurance.

Leadership Pioneers in collaboration with IT ICON, is offering "Certificate in Takaful" a three-day intensive and practical training course conducted by industry experts and professional trainers. This course familiarizes the trainees with the basics of Islamic finance and insurance, concept of risk, conventional insurance, Takaful models, etc.

Intended for

  • Insurance Professionals
  • Banking and Finance Professionals
  • Sharia Scholars and Lawyers
  • Banking and Insurance Regulators
  • Academicians and Students
  • Anyone Interested in Islamic Finance

You Will Learn

By the end of the course, participants will be able to:

  • Understanding of the basic foundations of Islamic law of contracts, the prohibitions and the contracts adopted in Islamic finance industry
  • Gain knowledge about the fundamentals of Insurance, their principles and objectives and Islamic perspective on Insurance
  • Get aware of the history, development and potential growth of Takaful industry

Course Content

  • Basics of Sharia and Islamic finance

    The module includes basic foundations of Islamic finance, Islamic law of contracts, prohibitions in Islamic finance, Islamic finance contracts, etc.

  • An introduction to insurance

    This module comprises of a brief introduction to insurance, underlying principles and objectives, Islamic perspective on insurance, etc.

  • Historical background and concept of Takaful

    This module traces the history, development and growth of the Takaful market over the years.

  • Takaful models

    Different types of Takaful models, structures, processes, Sharia contracts, principles and conditions are discussed in this module.

  • Issues in Takaful

    Current issues and challenges to which the Takaful industry is exposed to are discussed in this module.

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