International Events on Islamic Banking & Finance 2015

Takaful WS
Nov 9th - 10th,
2015 at Tanzania

Banca Takaful
4th Oct, 2015
at Dubai

IF Workshop
12 – 13 Oct 2015
at Azerbaijan

IMRF2015
Oct 29 - 30, 2015
at U.K.

IF&T Workshop
12 -13 Nov, 2015
at Uganda

GIMF2015
Nov 24 - 25, 2015
at Malaysia

IF Workshop
10 - 11 Dec 2015
at United States

Two Days Specialized Training Workshop on takaful
November 9th - 10th, 2015 - Dar es salaam - Tanzania

About Training
Takaful is a fast growing concept of Islamic Insurance and it is not only the Shari'ah Compliant risk covering product rather its feature of potential return gives it a competitive edge over conventional insurance achieving wider acceptability and commercial attraction for this pristine through nascent industry. Latest industry data shows that there has been an ideal growth in the mutual cooperative insurance and its global market share reached at 30% with optimistic trends.

Training Contents

Day – 1

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

Training Methodology:

Lectures/Slide Shows/Multimedia Presentations
Class discussions and experience sharing
Case Studies

Day – 2
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 developments

Banca Takaful

Concept of 'one-stop shop' & ‘Financial Super Market'
Types of BancaTakaful products
Need to tailor certain products
Integration issues
Regulatory issues & need for disclosure
BancaTakaful marketing

Takaful worldwide

Statistics
Global Takaful growth
Future prospects
Conclusion

Takaful Marketing

Creating Awareness
Offer' Vs 'Sales'
Market Conduct
Follow-ups
Client servicing & client retention

Speaker’s Profile

Azeem Iqbal Pirani

Azeem Iqbal Pirani is the Regional Head for Pakistan at FWU AG. As the main representative for the Munich headquartered company in Pakistan he is responsible for setting up the branch as well as putting in place required agreements to enable it to carry out its business of facilitating BancaTakaful. FWU is presently the largest global distributor of BancaTakaful.
Prior to joining FWU AG Azeem was Head of Marketing & Alternate Distribution at Pak-Qatar Family Takaful, Pakistan's first Family Takaful Operator. Prior to that he was Manager of the Marketing department and Contact Center at Meezan Bank Limited, Pakistan's first and largest dedicated Islamic bank.
On the social front Azeem is one of the founding trustees at Ihsaas Trust. A Shariah compliant microfinance provider which aims to help its brothers and sisters in humanity becomes self-reliant.
Azeem has published a number of articles in the field of Islamic finance and Takaful and is frequently invited to speak on these subjects at various venues including universities and television programs. He holds a Postgraduate Diploma in Islamic Banking and Finance from the Center of Islamic Economics in Pakistan, an MBA in International Business from the Univerisity of New Brunswick in Canada, and BBA in Finance from University of Houston in the United States.

Muhammad Zubair Mughal

Muhammad Zubair Mughal is a passionate and hardworking individual with a strategic vision in Islamic Finance. He is a skilled Islamic Financial professional and keen learner of IslamicBanking &Finance and Islamic Micro Finance with excellent speaking andtraining skills. He has 10 years of strong professional background onIslamic Banking & Finance. He has privileged to develop many IslamicFinance Products which are being utilized in Pakistan, Middle East and Africa. He has alsopresented his research papers on Islamic Finance in manyinternational conferences all around the world.