Description
This module is designed to introduce and enhance the participant’s understanding on the principles, concepts and underlying contracts applied in Takaful. The main objective of this course is to provide essential knowledge and basic building blocks in the features and operations of Takaful.
Program Highlights
• Overview of Takaful
• Basic Principles of Takaful
• Differences between Takaful and Insurance
• Shariah and Legal Aspects in Takaful Business
• Concept and Principles of General Takaful
• Concept and Principles of Family Takaful
• Retakaful Concept and Purposes
• Governance and Management of Takaful Operators
• Issues and Future of Takaful
Learning Mode
• Face to face
• Online
* There is no examination for this module. Participants will be given the Statement of Completion upon completion of this module.
Special Discount
• Group: 3 or more participants from the same organization (valid for Corporate or Non Corporate)
• STFi Members: Special price for Islamic bankers (Malaysian only)
What will you learn
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Explain the conceptual and practical aspects of takaful and the link between both
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List the various principles, concepts and underlying contracts applied in general and family takaful business
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Enumerate the differences between takaful and insurance
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Understand the role of takaful business in Islamic economy and financial system
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Apply the knowledge in real practice
Requirements
- This is a part of Fundamental Certificate in Islamic Banking and Takaful (FCIBT)