Operational & Practical
Aspects of Takaful & Re-Takaful
Build comprehensive expertise in Islamic insurance. Master the operational framework, practical applications, Shariah structures, risk pooling, and key concepts of Takaful and Re-Takaful from renowned industry professionals.
Participants Will Receive
Live Interactive Online Training
Direct engagement with certified Takaful practitioners and case-based discussions on Zoom.
Comprehensive Training Materials
Handouts, regulatory framework templates, model clauses, and operational guides.
Session Recording
Access session video recordings to revise and study practical topics at your own pace.
E-Certificate upon Completion
Officially issued verifiable digital completion certificate endorsed by AHS Nexus.
Key Learning Modules & Industry Applications
Designed for banking executives, insurance professionals, Shariah compliance officers, auditors, and students seeking hands-on mastery of Islamic risk management.
Introduction to Takaful & Core Islamic Jurisprudence
Distinction between conventional insurance and Takaful (Riba, Gharar, and Maysir prohibitions), concept of Tabarru (donation), mutual indemnity, and the Islamic ethical foundation of risk-sharing.
Takaful Operating Models (Wakala, Mudaraba, & Waqf Models)
Deep dive into agency-based (Wakala), profit-sharing (Mudaraba), hybrid models, and the Waqf-Takaful system. Segregation of Participant Takaful Fund (PTF) and Shareholder Fund (SHF).
Underwriting, Surplus Distribution & Qard Hassan Mechanics
Actuarial pricing, underwriting guidelines, claims settlement mechanics, treatment of underwriting deficit with Qard Hassan, and Shariah rules for surplus calculation and distribution.
Re-Takaful Frameworks, Treaty Arrangements & Global Practices
Principles of Re-Takaful, proportional and non-proportional treaty structures, retrocession, Shariah governance requirements, and contemporary global industry challenges.