The certified Islamic specialist in Takaful

Instruction Language

English

Country

Bahrain

Objectives

- 1. Understand the Islamic view on the conventional insurance and related issues. 2. Understand of The legal identity of a Takaful contract and takaful fund 3. Accounting treatment of takaful and related issues such as surplus and deficit 4. Understand takaful products : general and family takaful 5. Understand re-takaful

Field work

Target Audience: 1. Insurance and Re - insurance personnel. 2. Academic candidates interested in the Takaful 3. Academic candidates with a Sharia’a background

Certificate / Course Program

1. The principles of Takaful insurance and its comparison to commercial insurance • Violations of sharia in the commercial insurance contract • Commercial insurance in collective Ijtihad • Social solidarity in Islam • General concepts relating to Takaful insurance • General principles of Takaful insurance 2. The Background of Takaful Insurance in the Islamic Law • Evidence to the sharia aspect of Takaful insurance • Examples of Takaful insurance in sharia. • Takaful insurance in collective ijtihad • Misconceptions about Takaful insurance 3. Islamic Sharia Supervision of insurance companies • Definition of Sharia Supervisory Board • importance of Sharia Supervisory Board • The objectives of the establishment of Sharia Supervisory Board • Guarantees of the effectiveness of the Sharia Supervisory Board • Composition of the Shariah Supervisory Boards • Stages of Sharia Supervision • Forms of Sharia Supervision • Functions of the Sharia Supervisory Board 4. Takaful insurance applications by Islamic banks • Introduction to Islamic banks • Operations of Islamic banks • Takaful insurance applications in the operations of Islamic banks. 5 . Current problems facing the Takaful industry and expectations for the future • legal and legislative problems • problems faced by the Sharia Supervisory Boards • customers’ problems • problem of awareness with the culture of Takful. • problems relating other Takaful and reinsurance companies • problems related to the Takaful Fund • Future outlook for the Takaful industry

No. of Pages

6

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

Data Type

Training Courses

Record ID

BIM-711208