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Islamic Law for Islamic Insurance
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Major definitions associated with Islamic Insurance.
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Sources of Sharia for Insurance
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Foundation of insurance in the Islamic economy
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Philosophy and development scenario of Takaful
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Comparison of Islamic Insurance with conventional insurance.
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Retakaful
and its working
mechanism
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Philosophy of Retakaful in Islam
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Forms of Takaful,
which are adopted and implemented in different regions.
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Types and operational mechanism of Modaraba, Wakala and Wakala Waqf Models.
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Types of Takaful Business (Family and General)
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Objectives, principals
and operation flowcharts of Family and General Takaful Business
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Accounting Standards for Takaful companies
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Comparison of accounting standards for Conventional Insurance &
Islamic Insurance
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Balance sheet, Profit loss accounts and
cash flow statements for Takaful Business.
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Policies and Role of Agents in Family & Genral Takaful
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Operations and management for Motor Insurance, Marine
Insurance, Fire Insurance & Machine Insurance.
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Issues and challenges in Takaful Business