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Master Class and Practical Exposure Visit on Takaful

1 – 5th November in Dubai 

USD 1,950

Use ‘GIIBIC’ as discount (5%) coupon

TRAINING DETAILS

TRAING FEE  INCLUDES

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

TRAINING MODULES

  1. Introduction & Historical background
  2. Operational & Practical Aspects of Takaful
  3. Takaful Models
  4. Takaful Documents
  5. Re-Takaful
  6. Banca Takaful
  7. Micro Takaful
  8. Regulatory and Supervisory Framework
  9. Shariah Audit Program: Key Consideration
  10. Accounting Treatment and Standards of Takaful and Re-Takaful Business

WHO SHOULD ATTEND?
• Heads, Managing Directors and CEOs of Takaful and Insurance
Companies
• 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

2-Day Specialized Online Training on OPERATIONAL ASPECTS OF RE-TAKAFUL AND BANCA TAKAFUL

26-27 November 2021

USD 195

Use ‘GIIBIC’ as discount (5%) coupon

TRAINING MODULES

Takaful

  • Brief Introduction
  • Worldwide Takaful Practices and Global presence
  • Takaful Models
  • Shariah Framework
  • Operational Framework
  • Accounting Guidelines and Procedures

Re-Takaful

  • Brief Introduction
  • Historical and Current perspective and developments of Re-takaful
  • Shariah and Legal background in Islamic jurisprudence of re-takaful
  • Operational aspects of re-takaful
  • Re-takaful models
  • Risk management mechanism
  • Accounting procedures and guidelines
  • Regulatory framework for re-takaful
  • Issues and challenges to re-takaful practices
  • Way forward

Banca Takaful

  • Brief Introduction
  • Beginning of Banca Takaful
  • Models and practices
  • Operational framework
  • Distribution channels
  • Present market players globally
  • Future landscape

2-Day Specialized Training Workshop on

ISLAMIC BANKING, ISLAMIC MICROFINANCE AND TAKAFUL

USD 145

Use ‘GIIBIC’ as discount (5%) coupon

TRAINING MODULES

Riba & Its Prohibition

  • What is Riba (Interest)? Prohibition of Riba in Islam.
  • Types of Riba
    • Riba tul Nissayah
    • Riba tul Fadle
    • Riba in Modern Banking and Finance.

Partnership Based Mode of Islamic Banking & Finance (Mudarabah & Musharakah)

  • Mudarabah
    • The basic rules and Features of Mudarabah
    • Distribution of Profit & Loss in Mudarabah
  • Musharakah
    • The basic rules and Features of Musharakah.
    • Distribution of Profit & Loss in Musharakah.
  • Diminishing Musharakah
    • Determine the Rental in Diminishing Musharakah

Islamic Economics

  • Introduction to Islamic Economics System.
  • Land, Labor, Wages and Entrepreneur Laws in Islamic Economics.
  • Comparison of Islamic Economic System with Socialism & Capitalism.

Rental Based Modes of Islamic Banking & Finance

  • Ijarah (Islamic Lease)
    • Introduction and Brief Perspective of Ijarah.
    • Sharia’h alternative of Conventional Leasing – Ijarah.
    • Ijarah (Operating Lease) vs. conventional leasing (Financial Leasing)

Risk Management in Islam Banking & Finance

  • Introduction of Risk and Its Management.
  • Risk Management of Islamic Banking.

Islamic Banking and Finance industry

  • Introduction to Islamic Banking and Finance.
  • Overview of Islamic Banking and Financial Industry – Worldwide.
  • Islamic Banking and Finance in Worldwide (Potential and future prospects)
  • Islamic Banking Products in Worldwide
  • Shariah Perspective of Islamic Banking and Finance

Takaful (Islamic Insurance)

  • Introduction to Takaful (Islamic Insurance)
  • Structural & Operational details of Takaful.
  • Legal and regularity framework in Takaful.

Trade Based Mode of Islamic Banking & Finance (Murabahah)

  • Basic Rules & Kind of Bai (Trade) in Islamic Banking and Finance.
    • Some Basic Types of Bai (Murabahah, Salam, Istisna, Tawarruq, Musawamah Surf, Eenna, Touliya, Wadhia etc. )
    • Bai according to Quality (Bai Salah, Bai Fasid, Bai Batil, Bai Maqoof, Bai Majool, Bai Muqayaddah, Bai Mu’ajal etc. )
  • Murabahah
    • Basic Features of Murabahah
    • Murabahah as financing mode
    • Stages involve in Murabaha Transaction.
    • Shariah compliance & legal documentation of Murabaha contract.
    • Murabahah in International Trade.