TRAINING CATEGORIES
(Click Category to List Courses)

32 - ISL- Islamic Banking and Finance


ISL 120 - The Development of Takaful (Islamic Insurance)

Code Start Date Duration Venue
ISL 120 14 October 2024 5 Days Istanbul Registration Form Link
ISL 120 18 November 2024 5 Days Istanbul Registration Form Link
ISL 120 23 December 2024 5 Days Istanbul Registration Form Link
Please contact us for fees

 

Course Description

This course aims to teach the concept, principles and importance of Takaful, as well as the various models of Takaful and its unique structure. It covers all the fundamental aspects of Takaful operations, including underwriting, pricing, surplus, capital and solvency management. It highlights governance, regulation, policy and legal aspects, and risk management issues in Takaful. It also provides discussions on the importance of fintech in the industry and provides country experiences for sharing skills, best practices and expertise. 

Course Objectives

  • Describing the models of Takaful, its distinguished features, and underlying contracts
  • Understanding the concept, principles and importance of Takaful
  • Analysing the global Takaful market and trends
  • Discussing the operations of Takaful and Retakaful
  • Identifying the legal and regulatory parameters of Takaful
  • Discussing the role of fintech in Takaful
  • Providing country experiences on Takaful 

Who Should Attend?

  • Insurance / Takaful Professionals
  • Takaful and Insurance Brokers / Agents
  • Takaful and Insurance operations personnel / sales managers
  • Product managers
  • Shariah auditors 
  • Shariah compliance officers
  • Risk specialists
  • Regulators

Course Details/Schedule

Day 1

  • Insurance and Risk Management
  • Concept of Insurance
  • Why conventional insurance is not accepted by Shariah
  • Introduction to Takaful Markets – Global Trends
  • Definition of Takaful
  • Historical Development of Takaful
  • Concepts, Principles and Importance of Takaful
  • Conventional Insurance vs. Takaful

Day 2

  • Underlying Contracts in Takaful
  • Models of Takaful
  • Underwriting, Pricing, Surplus, Capital and Solvency Management in Takaful
  • Asset-Liability Matching, Taxation, and Zakat in Takaful

Day 3

  • Governance, Capital Management and Risk Management in Takaful
  • General Takaful
  • Family and Health Takaful
  • Investment of Takaful Funds
  • Fintech in Takaful – Disruptive Innovations Affecting the Industry

Day 4

  • Retakaful
  • Regulation and Supervision of Takaful
  • Policy and Legal Aspects of Takaful Development
  • Role of Sukuk and Capital Markets in Supporting Takaful

Day 5

  • Review of AAOIFI and IFSB standards for Takaful
  • Country Experiences 
  • Talent Development in Takaful
  • Issues, Opportunities, and Challenges in Takaful  

 

ETABS and SAFE. Training 24 CCE 210 5 SAP 2000. Training 25 CCE 305 5 Quality Assurance in Pavement Construction 26 CCE 401 5 Construction Project Management 27 CCE 402 10 Construction Project Management (10 Days) 28 CCE 403 5 Construction Project Management-Intensive 29 CCE 405 5 Principles of Construction Project Management 30 CCE 406 10 Principles of Construction Project Management (10 Days) 31 CCE 410 10 Construction Project and Risk Management (10 days) 32 CCE 411 5 Project & Contract Management for Marine Construction 33 CCE 412 5 Application of GIS in Construction Management 34 CCE 415 4 Sustainable Water Management Techniques, Innovation and Solution (4 Days) 35 CCE 419 5 Construction Management of Hydraulic Projects 36 CCE 420 5 Water Project Management 37 CCE 421 10 Modern Technologies in the Supervision and Quality Control of Irrigation Projects and Dealing with Contractors (10 Days) 38 CCE 422 5 Rapid Earthquake Hazard Evaluation of Buildings 39 CCE 425 10 Practical Application of Computers in Structural Engineering (10 Days) 40 CCE 428 5 Survey & Profile Using Total Station 41 CCE 430 5 Bridge Construction and Maintenance 42 CCE 435 5 Bridge Inspection and Maintenance 43 CCE-A 410 10 إدارة المشاريع الهندسية -10 أيام
21 - TTC - Transportation and Traffic Control
22 - ADV - Architectural Design and Visualization
23 - SRM - Safety and Occupational Health
24 - CSM - Public Relations, Communication Skills & Office Management
25 - TEM - Training and Education Management
26 - CMR - Customer Relations