Two days specialized training workshop on Islamic Banking, Finance and Islami...
Presentation by Capt. m. jamil akhtar khan
1. Role of Takaful in Islamic Finance By: Capt. M. Jamil Akhtar Khan ACII, MCIT, Master Mariner Managing Director The Universal Insurance Company Ltd. 4 th International Conference on Islamic Banking & Takaful, Lahore November 2, 2010.
18. Investment Income Operational Cost of Takaful / ReTakaful Claims & Reserves Surplus (Balance) P A R T I C I P A N T S’ T A K A F U L F U N D (P.T.F.) Mudarib’s Share of PTF’s Investment Income Wakalah Fee Investment Income Management Expense of the Company Profit/Loss S H A R E H O L D E R S’ F U N D (S.H.F.) Participant WAQF Takaful Operator Share Holder Wakala-Waqf Model Investment by the Company