Title |
MII Basic Course in Introduction to Takaful |
Date |
3 – 4 September, 2012 |
Duration |
2 Days |
Level |
Basic |
Time |
9.00 am to 5.00 pm |
Venue |
The Malaysian Insurance Institute
MII City Centre
S17-S28, 2nd Floor,
Maju Junction Mall
1001 Jalan Sultan Ismail
50250 Kuala Lumpur |
Trainer |
TBA |
Who Should Attend |
- New Entrants
- Insurance Industry Personnel
- Those interested to gain knowledge of Islamic Insurance -Takaful
- Non-insurance personnel whose work require a basic understanding or a practical knowledge of the subject
- Anyone who requires basic knowledge on insurance
|
Key Learning Outcomes |
At the end of the course, participants will be able to :
- understand fundamental aspects of Islamic concepts
- explain the fundamentals of Syariah Law as relate to business transactions and the emergence of Takaful
- appreciate how the insurance contract is modified to conform with Syariah principles
- compare the practices and operations of Conventional Insurance and that of Takaful
|
Course Content |
Session 1
Introduction to certain fundamental aspect of
Islam
- Concept of Ad Deen (Islam as a way of life)
- Sources of Shariah Law
- Shariah Laws relating to business contracts
- Arab custom of diyat (blood money)
Session 2
Relook at conventional insurance
- Concept of risk and insurance
- Insurance as one of the techniques of risk control
- History of insurance including Islam's contribution to its development
- Comparison between mutual and proprietary companies
Session 3
Conventional Insurance from the perspective of
Muslims
- Common view of the ordinary Muslims
- View of the certain Islamic Scholars
- Elements of Gharar, Maisir and Riba in the conventional insurance contracts
- Differences and similarities between insurance and gambling
Session 4
Basic Principles and Practice of Takaful
- Overcoming the objectionable elements
- Concepts of Tabarru and Mudharabah
- Concepts based on solidarity and brotherhood
- Operation of certain takaful products
|
