2 Days Specialized Training Workshop on

Takaful (Islamic Insurance)

May 04 - 05, 2023 - Bangladesh

2 Days Specialized Training Workshop on

Takaful (Islamic Insurance)

May 04 - 05, 2023 - Bangladesh

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 70countries. 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.

Event Agenda

2 Days Specialized Training Workshop on TAKAFUL (Islamic Insurance)

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, Middle East & African Countries

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

Takaful Worldwide

  • Statistics
  • Global Takaful growth
  • Future prospects
  • Conclusion

Takaful Marketing

  • Creating Awareness
  • Offer ‘Vs’ Sales’
  • Market Conduct
  • Follow ups
  • Client serving & client retention

  • Backgroun
  • Current Key players
  • Constraints and Issues
  • Recent development

Takaful Models

  • Mudaraba Model
  • Wakala Model
  • Waqf-Wakala Model

Differences between Takaful and Insurance

  • Comparison of Takaful and Insurance products
  • Product Mechanism

Challenges and Opportunities of Takaful

  • Challenges of Current Takaful Industry
  • Opportunities of Takaful Industry in future


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

Shariah Compliance in Takaful

  • What is Shariah Compliance & Shariah Compliance in Takaful
  • Shariah Compliance Guidelines by AAOIFI and IFSB
  • Shariah Advisor and its Criteria
  • Role of Shariah Supervisory Board in Shariah Compliance
  • Role of Shariah Audit in Compliance

Our Speakers

meet our speakers

Muhammad Zubair Mughal
Managing Director, AlHuda CIBE FZ LLE – UAE (Islamic Banking Expert)
Muhammad Zubair Mughal is Managing Director of AlHuda CIBE, CEO - Islamic Microfinance Network (IMFN) and Halal Research Council in Pakistan. He has been serving the Islamic Banking and Finance industry for last 12 years with versatility in Islamic Financial Engineering, Modeling, Product Development, Market and Gap Analysis. He is dedicatedly and tirelessly working for the promotion of Islamic Finance through Education, Research, Trainings and Conferences on global canvas. He is also a Chief Editor of a magazine on Islamic Banking and Finance “True Banking” which depicts his strategic vision in Islamic Finance. Muhammad Zubair Mughal is a passionate and hardworking individual with a strategic vision in Islamic Finance. He has served number of public and private sector organizations for Islamic finance advisory and consultancy around the globe.

Don’t Forget

Our sponsors & supporters

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