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.
By the end of the course, participants will be able to:
The module includes basic foundations of Islamic finance, Islamic law of contracts, prohibitions in Islamic finance, Islamic finance contracts, etc.
This module comprises of a brief introduction to insurance, underlying principles and objectives, Islamic perspective on insurance, etc.
This module traces the history, development and growth of the Takaful market over the years.
Different types of Takaful models, structures, processes, Sharia contracts, principles and conditions are discussed in this module.
Current issues and challenges to which the Takaful industry is exposed to are discussed in this module.