About African Takaful Forum Nigeria

Let’s explore the untapped Potential of African Takaful Industry

As one of the most developed countries in Africa, Nigeria has clear and strong economic potential. Takaful has the potential to become a strong segment of Nigeria’s life insurance sector. Takaful can be a platform for financial inclusion, however, not just for Muslims, but also for certain segments of the country’s Christian population. Takaful could also have a positive impact on insurance penetration overall. For this to happen, however, NAICOM believes more trust would have to be built in takaful, especially among Nigeria’s Muslim population. Growth in the Takaful industry in general can be escalated if well planned and targeted awareness campaigns could be run within the country. AlHuda CIBE is committed to impart sound knowledge about Islamic banking and finance around the globe. For this, AlHuda CIBE is going to organize Two Days African Takaful (Islamic Insurance) Forum in Nigeria. It would surely play a pivot role in the capacity building, attracting investors and most importantly develop a robust financial system for a vibrant economy.

African Takaful Awards

07 March, 2018, Abuja - Nigeria

Event Agenda

African Takaful Forum 06 – 07 March, 2018, Abuja - Nigeria

NonAssessing the Future Prospects for Takaful: Development of Takaful Industry in Africa
Challenges and Opportunities for Takaful Industry in Africa
Different Models of Takaful and its harmony with existing Insurance practices of Africa
Aligning product development with market needs to improve penetration: Customer centric solutions vs product push
Enabling Environment to create legal and regulatory environment for the development of Takaful Industry in Africa.
Building a global Takaful brand and the need for the emergence of regional Takaful operators to lead the way to the next level
Micro-Takaful, An Ideal Tool of Poverty alleviation and Social Development
Re-Takaful & Its Development
Use of Technology for the better outreach of Takaful Products.
BancaTakaful the Distribution Delivery Channels
Global Takaful Success Stories& Case Studies
Download Event Agenda
NonAssessing the Future Prospects for Takaful: Development of Takaful Industry in Africa
Challenges and Opportunities for Takaful Industry in Africa
Different Models of Takaful and its harmony with existing Insurance practices of Africa
Aligning product development with market needs to improve penetration: Customer centric solutions vs product push
Enabling Environment to create legal and regulatory environment for the development of Takaful Industry in Africa.
Building a global Takaful brand and the need for the emergence of regional Takaful operators to lead the way to the next level
Micro-Takaful, An Ideal Tool of Poverty alleviation and Social Development
Re-Takaful & Its Development
Use of Technology for the better outreach of Takaful Products.
BancaTakaful the Distribution Delivery Channels
Global Takaful Success Stories& Case Studies
Download Event Agenda
Introduction & Historical background
Definition & Fundamental Principles
Difference in Concept & Difference in Contract
Early practices
Reference in first constitution of Madina
Takaful practice through the ages
Recent developments
Evolution during the seventies
Judicial opinions and Fatwas
Formation of first Takaful companies
Developments in the Far East
Developments in the Middle East
Takaful Models
The Mudaraba Model
The Wakala Model
The Waqf-Wakala Model
Investment Models
Takaful Comparison
Comparison with mutual societies
Comparison with cooperatives
Comparison with self-retention schemes
Comparison with conventional insurance
Takaful Documents
Proposal form
Participants' Membership Documents
Claims procedures
Surplus sharing mechanism
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Co-Takaful Mechanism
Need for proposal form/Client’s consent
Need for separate policy for own share percentage
Co – Takaful under lead of other Takaful Company
Co – Takaful under lead of a conventional insurer
Co – Takaful claims handling
ReTakaful
Background
Current Key players
Constraints and Issues
Recent development
Banca Takaful
Concept of ‘one –stop shop’ & ‘Financial Super Market’
Types of Banca Takaful products
Need to tailor certain products
Integration issues
Regulatory issues & need for disclosure
Banca Takaful marketing
Takaful Worldwide
Statistics
Global Takaful growth
Future prospects
Conclusion
Takaful Marketing
Creating Awareness
Offer ‘Vs’ Sales’
Market Conduct
Follow ups
Client serving & client retention
Download Event Agenda

Travel Information

African Takaful Forum 06 – 07 March, 2018, Abuja - Nigeria

event Venue

Coming Soon... 06 – 07 March, 2018, Abuja - Nigeria. Direction Link

About Visa

If you have a valid USA, UK, Ireland and SCHENGEN visa on your passport then the applicant may have a Nigeria E-Visa from Nigerian Govt Web E-Visa Website. Read More

ABOUT Nigeria

Nigeria is often referred to as the "Giant of Africa", owing to its large population and economy. With approximately 186 million inhabitants, Nigeria is the most populous country in Africa and the seventh most populous country in the world. Read More

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