Two Days Specialized Online Training on

Takaful (Islamic Insurance)

April 02 - 03, 2024 Online

Two Days Specialized Online Training on

Takaful (Islamic Insurance)

April 02 - 03, 2024 Online

Event Summary

About AlHuda Center of Islamic Banking & Economics

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 100 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


Takaful consultancy wing of AlHuda CIBE offers expert services of Consultancy, Advisory, Training, Capacity Building, Research and Shari’ah compliant product development for the Insurance Industry to ensure ready availability of Takaful (Islamic Insurance) products and services with prudent practices around the Globe.

About Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)

AAOIFI, established in 1991 and based in Bahrain, is the leading international not-for-profit organization primarily responsible for development and issuance of standards for the global Islamic finance industry. It has issued a total of 100 standards in the areas of Shariah, accounting, auditing, ethics and governance for international Islamic finance. It is supported by a number of institutional members, including central banks and regulatory authorities, financial institutions, accounting and auditing firms, and legal firms, from over 45 countries. Its standards are currently followed by all the leading Islamic financial institutions across the world and have introduced a progressive degree of harmonisation of international Islamic finance practices.

Training Contents

Two days specialized training on Takaful (Islamic Insurance)

Training Contents:

  • Introduction to the Concept of Takaful
  • Shariah Perspectives of Takaful
  • Historical Development in Takaful Industry and Present Market Penetration
  • Comparison between Takaful and Insurance
  • Concept of Tabaruu and Mutual Risk Sharing in Takaful
  • Takaful Operational Aspects for Business
  • Family & General Takaful Business Operations
  • Takaful Business Models
  • Concept of Takaful Underwriting
  • Mechanism for Claims payments
  • Distribution of Surplus
  • Takaful Regulations and AAOIFI Standard
  • Micro Takaful Concept and Need
  • Micro Takaful Models
  • Banca Takaful
  • Operational Framework for Banca Takaful

Who should attend this Training?

  • Heads, Managing Directors and CEOs of Takaful and Insurance Companies
  • Takaful Commissions, Regulatory Authorities and Commission
  • Islamic retail, Corporate, SME and Treasury Bankers
  • Unit Trust Agents and Insurance/Takaful Agents
  • Brokers of bonds and Sukuk
  • Fund Managers and Selectors
  • Government Officials and Representatives
  • Financial Consultants and Advisors
  • Economists and Policy Makers
  • Stock Brokers and Shareholders
  • Philanthropist and Investors
  • Shari’ah Scholars and Experts
  • Academia and Researchers


  • To provide the thorough knowledge and benefits of Takaful industry in order to prepare adequate manpower
  • To analyze the problems hindering rapid development of Takaful that would help increasing financial inclusion
  • Provide the opportunities for collaborations/partnerships with Takaful industry, Islamic retail, Corporate, SME and Treasury Bankers, Business Development Managers and Heads of Research and Development.
Contact Info
contact us
AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building)
P.O. Box 120867, Dubai, United Arab Emirates.