Exposure Visit of

Islamic Banking and Takaful Industry

May 20 - 24, 2022, Dubai - UAE

Exposure Visit of

Islamic Banking and Takaful Industry

May 20 - 24, Dubai - UAE

Event Summary


Towards the pursuance of our goal to promote Islamic Banking and Finance all over the globe, AlHuda Centre of Islamic Banking and Economics is working diligently since 2005. AlHuda CIBE has been acknowledged as a distinguished service provider due to our notable services, team of dedicated professionals and one stop solutions of Islamic Banking and Finance. Our aim is to provide state-of-the-art services of Islamic banking and finance. We are proud to be prominent for our Advisory and consultancy, research and development, education and capacity building, Shariah advisory, publication and events all over the world.

AlHuda CIBE is supported by many national and international organizations and institutions as Strategic Partners support and our Alumni have spread over 70 countries. We are proud to stand among world's largest presences for capacity building, trainings, consultancy and other services. More details are available at www.alhudacibe.com

About Islamic Finance & Takaful

The global Islamic finance industry grew year-on-year by of 14% to USD 2.88 trillion, in assets in 2019, based on figures reported for 56 countries, mostly in the Middle East and South and Southeast Asia. Iran, Saudi Arabia and Malaysia remain the largest Islamic finance markets in terms of assets, while Cyprus, Nigeria and Australia saw the most rapid growth. Malaysia, Bahrain and the UAE again led the 131 countries assessed in terms of the Islamic Finance Development Indicator score, which aggregates indicator scores for Quantitative Development, Knowledge, Governance, Corporate Social Responsibility and Awareness. The crowned emerging Islamic finance markets which had most improvements in their financial and supporting ecosystems include Iraq, Suriname, Nigeria and Ethiopia. Digitalization has emerged as a major trend across different sectors of the Islamic finance industry, just as it is similarly shaking up the global financial system. Taking into consideration the performance of each sector of the Islamic finance industry and the development of its surrounding ecosystem, the report sees potential for the industry to grow USD 3.69 trillion by 2024 in terms of assets.


We offer the following services in the field of Islamic Banking and Finance:
  • Advisory & Consultancy
  • Education, Training & Capacity building
  • International conferences and workshops on Islamic finance
  • Research and Islamic Financial Product Development
  • Shariah Audit and Advisory
  • Publications


Exposure visit is a tool that is used to facilitate the professionals’ learning through interactive industry visits. The exposure visit involves two or more parties where one is learning from the other. It promotes issues of good practices and a process of building on underlying concepts. Our arrangements for exposure visit will assist the professionals to be inculcated by the practical knowledge of different segment of Islamic finance industry; which involves Islamic banking, Takaful, Islamic leasing, Sukuk and other Islamic financial markets exposure. It also will include Islamic Finance education provider top ranked university.

Exposure Visit of Islamic Banking and Takaful Industry

Exposure Visit Timeline:

  • Classroom Training (2 Days)
  • Offsite visits (2 Days)
  • City Tour & Gala Dinner (1 Day)

*These will be the tentative industry program and may vary slightly. Flight and will not be included in the cost

The visits will include:

  • Two Days Practical Training on Takaful
  • Exposure Visits
  • Certificate
  • Local Transportation
  • City Tour & Gala Dinner

Event Agenda

Exposure Visit of Islamic Banking and Takaful Industry

Introduction & Historical background

  • Definition & Fundamental Principles of Takaful
  • Early practices of Takaful
  • Difference between Shariah and Non-Shariah Compliant Business Transactions
  • Reference in first constitution of Madina
  • Takaful practice through the ages

Operational & Practical Aspects of Takaful

  • Practical aspects of Takaful business
  • Operational Framework and Procedures of Takaful
  • Underwriting, claims and product guidelines of Takaful
  • Shariah structure & Shariah compliance of Takaful
  • Challenges and opportunities in Takaful business
  • Comparison of conventional insurance with Takaful

Takaful Models

  • The Mudaraba Model
  • The Wakala Model
  • The Waqf-Wakala Model
  • Hybrid Model

Takaful Documents

  • Proposal form and Participants' Membership Documents
  • Claims procedures
  • Surplus sharing mechanism


  • 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

Micro Takaful

  • Micro Takaful and its Potential
  • Micro Takaful towards poverty alleviation
  • Micro Takaful products
  • Opportunities and Challenges of Micro Takaful

Regulatory and Supervisory Framework

  • Governance and Shariah Governance
  • Risk management and internal controls
  • Prudential
  • Reporting, Market Conduct & Market Protection

Shariah Audit Program: Key Consideration

  • Planning Phase
  • Audit objectives, program and techniques
  • Examination phase & the reporting phase
  • The Shariah requirement standards

Accounting Treatment and Standards of Takaful and Re-Takaful Business

  • Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)
  • Islamic Financial Services Board (IFSB)
  • Takaful accounting regulations applicable in Dubai, UAE as per industry practice
Contact Info
contact us
AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building)
P.O. Box 120867, Dubai, United Arab Emirates.

+92 331 9360000

+92 42 359 130 96 – 98

+92 42 359 130 97