Takaful Courses
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AIMS (www.LearnIslamicFinance.com) offers Certified Takaful Professional, which is a specialized training in Islamic Insurance. The program objective is to produce highly skilled professionals with the necessary professional and technical skills in managing Takaful related products and services.
The curriculum and study material is designed by industry specialists and renowned scholars. Program ensures holistic balance between academic training and practical experience. CTP offers comprehensive knowledge that will strategically prepares candidates to build skills, competencies and experience as they enter the Islamic Insurance industry.
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PROGRAM COVERS: Islamic Law for Islamic Insurance; Major definitions associated with Islamic Insurance; Sources of Sharia for Insurance; Foundation of insurance in the Islamic economy; Philosophy and development scenario of Takaful; Comparison of Islamic Insurance with conventional insurance; Retakaful and its working mechanism; Philosophy of Retakaful in Islam; Forms of Takaful, which are adopted and implemented in different regions; Types and operational mechanism of Modaraba, Wakala and Wakala Waqf Models; Types of Takaful Business (Family and General); Objectives, principals and operation flowcharts of Family and General Takaful Business; Accounting Standards for Takaful companies; Comparison of accounting standards for Conventional Insurance & Islamic Insurance; Balance sheet, Profit loss accounts and cash flow statements for Takaful Business; Issues and challenges in Takaful Business
