Certified Takaful professional : flexible-elegant-convenient and self-managed study

Instruction Language

English

Country

Pakistan

English Abstract

"Certified Takaful professional” course is designed to produce highly skilled and competent Takaful professionals with the knowledge of the products, concepts, operational mechanism and the understanding of legal, financial and risk management issues of Takaful and also the understanding of differences and similarities between Takaful and conventional insurance.

Takaful (The Islamic insurance) is a Shariah-compliant alternative of conventional insurance.

It is based on mutual cooperation, responsibility, assurance, protection and assistance among group of participants.

The global market for Takaful products is one of the most exciting and highly potential sector in the international financial services today.

With the industry still in a stage of development, significant growth has been witnessed over the past five years.

Objectives

- “Certified Takaful professional” course is designed to produce highly skilled and competent Takaful professionals with the knowledge of the products, concepts, operational mechanism and the understanding of legal, financial and risk management issues of Takaful and also the understanding of differences and similarities between Takaful and conventional insurance.

Pre-session Requirements

Graduation

Certificate / Course Program

Module I (Introduction to Riba and Islamic finance) -CTP : 401 : Riba and Islamic economics.. -CTP : 402 : overview of Islamic economics and banking. -CTP : 403 : introduction to Takaful (Islamic insurance). Module II (Takaful and risk mitigation tools in Islamic finance) -CTP : 404 : Shariah elements / principles in Takaful. -CTP : 405 : Takaful models, types and structures. -CTP : 406 : Takaful products and risk management in Islam.