Certified Takaful Professiona

"Cer­ti­fi­ed Ta­kaful Pro­fes­si­onal” is de­sig­ned to pro­duce high­ly skil­led and com­pe­tent Ta­kaful pro­fes­si­onals aimed to ha­ve the ca­pabi­lity of un­ders­tan­ding the back­gro­und, pro­ducts &ope­rati­onal me­chanism, le­gal, ac­co­un­ting, fi­nan­ci­al and risk ma­nage­ment is­su­es of Ta­kaful and al­so the dif­fe­ren­ces & si­mila­riti­es bet­we­en Ta­kaful and con­venti­onal in­su­ran­ce.

Ta­kaful (The Is­la­mic in­su­ran­ce) is a Sha­ri­ah-comp­li­ant al­terna­tive to con­venti­onal in­su­ran­ce. It is ba­sed on mu­tu­al co­ope­rati­on, res­ponsi­bili­ty, as­su­ran­ce, pro­tec­ti­on and as­sistan­ce bet­we­en gro­ups of par­ti­cipants.

The glo­bal mar­ket for Ta­kaful pro­ducts o si­ne of the most ex­ci­ting and high po­ten­ti­al sec­tors in the in­terna­ti­onal fi­nan­ci­al ser­vi­ces to­day. With the in­dust­ry still in a nas­cent sta­ge of de­velop­ment, sig­ni­ficant growth has be­en wit­nessed over the past fi­ve years.

Mo­dules & Stu­dy De­ta­ils

Du­rati­on:6 Month

Num­ber of Mo­dule:2

Du­rati­on of Each Mo­dule:3 Month

Mo­dule I

• Ba­sics of Ta­kaful Int­ro­duc­ti­on to Is­la­mic Eco­nomics

• Ri­ba (In­te­rest) and its ty­pe

• What is Ta­kaful?

• Sha­ri­ah Me­chanism of Ta­kaful

• Ta­kaful Sys­tem in Is­la­mic Era

• Phi­losop­hy and de­velop­ment sce­nario of Is­la­mic In­su­ran­ce.

• Com­pa­rison of Ta­kaful with Con­venti­onal In­su­ran­ce

• Un­derly­ing Con­cepts of Is­la­mic In­su­ran­ce

• Cha­rac­te­ris­tics of Mu­tu­al In­su­ran­ce

Sha­ri­ah Ele­ments/Prin­ciple in Ta­kaful

• De­fini­ti­ons of dif­fe­rent Sha­ri­ah terns use in Ta­kaful

• Con­cept of Waqf

• Mo­dara­bah

• In­volve­ment of Ri­ba, Gha­rar, Ma­iser & Qa­mar in Con­venti­onal In­su­ran­ce Bu­siness

• What is Wa­kalah?

• Hib­ba & Tib­ba­ru

• Glos­sa­ry of Ta­kaful

Mo­dule II

Ta­kaful Mo­dels

• Dif­fe­rent Mo­dels of Ta­kaful Bu­siness

• Wa­kalah Waqf Mo­del

• Mo­dara­ba mo­del

• Wa­kala Mo­del

• Surp­lus dist­ri­buti­on me­chanism in all mo­dels

Ta­kaful Ope­rati­ons & Mar­ke­ting

• Struc­tu­re, ope­rati­on and per­forman­ce of Ta­kaful

• Le­gal and re­gula­rity fra­mework in Ta­kaful Bu­siness

• Ty­pe of Ta­kaful Bu­siness

• Ge­neral Ta­kaful

• Fa­mily Ta­kaful

• Mic­ro Ta­kaful

• Hed­ging in Is­la­mic Fi­nan­ce

• Ban­ca­Taka­ful

• Crop & Li­ves­tock Ta­kaful

• Met­hods of mar­ke­ting Fa­mily and Ge­neral Ta­kaful Pro­ducts

• Ta­kaful Pro­ducts Worl­dwi­de

Int­ro­duc­to­ry Ma­teri­al Set

This co­ur­se con­sists of two mo­dules and each mo­dule has 3 month du­rati­on. Each Mo­dule bu­ilds up on know­ledge from the pre­vi­ous one. You will be eva­lu­ated by sub­jecti­ve as well as mul­tiple cho­ice qu­es­ti­on as per mo­dule.

Mo­dule-1, is sent by post which inc­lu­des the int­ro­duc­to­ry ma­teri­al set

Your co­ur­se Ma­teri­al con­sists on:

1. Bo­oks, Li­tera­ture & Pre­sen­ta­ti­ons in PDF for­mat on Is­la­mic Bank &fi­nan­ce

2. Vi­deo CD’s & Po­wer­Po­int Pre­sen­ta­ti­ons

3. Sol­ved and un­solved ca­se stu­di­es

4. List of re­feren­ces Bo­ok and re­lated web­si­tes

5. Free subs­crip­ti­on of Bi­mont­hly on­li­ne ma­gazi­ne "Is­la­mic Ban­king and Fi­nan­ce”

Stu­dents al­so uti­lize the next Mo­dule ma­teri­al is sent af­ter the suc­cess­ful comp­le­ti­on of the pre­vi­ous mo­dule.

Met­ho­dolo­gy

The com­mu­nica­ti­on with the stu­dent will be ma­de tro­ugh ema­il. The co­ur­se con­tents which will con­sist of CD’s, No­tes, Bo­oks on PDF For­mat, Po­wer­Po­int Pre­sen­ta­ti­ons, Li­tera­tures and con­cerned web­si­tes de­ta­ils will be sent to the stu­dent. Our web­si­te will be up­da­ted on da­ily ba­sis. All the facts, fi­gures, in­forma­ti­on abo­ut ad­missi­on, prog­rams and know­ledge cent­re are con­ti­nu­ous­ly up­da­ted on web­si­te.

The stu­dents will be pro­vided with e-ma­il add­ress of ad­vi­sory pa­nel, so that they will com­mu­nica­te with them re­gar­ding the­ir que­ri­es and ad­vi­sor will ti­mely res­pond to stu­dent’s que­ri­es.

Tasks and re­sult of as­sign­ments

Af­ter Re­ading the as­signed to­pics, stu­dents will ha­ve to sol­ve three as­sign­ments gi­ven at the end of re­ading ma­teri­al and sub­mit at the gi­ven ema­il add­ress. The ad­vi­sory pa­nel will eva­lu­ate as­sign­ments and mark she­et will be dec­la­red with re­feren­ce to your re­gist­ra­ti­on num­ber. Each as­sign­ment will car­ry 100 marks. The pas­sing marks for each as­sign­ment are 60%.

Your ans­wer sho­uld sa­tis­fy the gi­ven sub­ject. If Ad­vi­sory pa­nel is not sa­tis­fy with your ans­wers or you may not app­ro­ach the Ad­vi­sors le­vel, than you ha­ve to re­design your as­sign­ment. You will pro­ce­ed to the next mo­dule on­ly on be­half of the pre­vi­ous mo­dule re­sult which is in­formed to you by IFBTC.

You are ins­truc­ted to sub­mit your as­sign­ment at on­ce wit­hin 7 we­eks af­ter re­ce­iving stu­dy ma­teri­al. Your re­sult is ma­in­ta­ined on­ly on the be­half of the As­sess­ment marks by the Ad­vi­sory pa­nel. The­re are no exams. The next Mo­dule ma­teri­al will be sent to you af­ter re­ce­iving the sol­ved as­sign­ments to the pre­vi­ous Mo­dule un­til you ha­ve comp­le­ted all Mo­dules in the co­ur­se.