The document outlines a series of workshops focused on the operational aspects of takaful, emphasizing its potential for sustainable financial growth and its expanding market in Islamic and non-Islamic populations. It highlights Alhuda CIBE's role as a prominent provider of Islamic banking services and the need for regulatory frameworks to enhance the takaful industry's development. The workshops aim to address the future prospects, challenges, and models of takaful, alongside the latest advancements in the industry.

1. TWO DAYS POST EVENT WORKSHOPS:
One Day Workshop on
‘’Operational Aspects of Takaful,
Micro Takaful, Re Takaful
One Day Specialized Training
workshop on
‘’Takaful for Regulators’’
August 27 -28, 2019 at Istanbul Turkey
“Takaful is new Destination for Sustainable
Financial World”
Organized By
CIBE - UAE
Multilateral Partner
The Islamic Corporation for the
Development of the Private Sector

2. Towards the pursuance of our goal to promote
Islamic Banking and Finance all over the globe,
AlHuda Centre of Islamic Banking and Economics
is working diligently since its existence 14years
ago. AlHuda CIBE has been acknowledged as a
distinguished service provider due to our notable
services, team of dedicated professionals and
one stop solutions of Islamic Banking and
Finance. Our aim is to provide state-of-the-art
services of Islamic banking and finance. We are
proud to be prominent for our Advisory and
consultancy, research and development,
education and capacity building, Shariah
advisory, publication and events all over the
world.
AlHuda CIBE is supported by many national and
international organizations and institutions as
Strategic Partners support and our Alumni have
spread over 70countries. We are proud to stand
among world's largest presences for capacity
building, trainings, consultancy and other
services.
Moredetailsareavailableat:
www.alhudacibe.com
Takaful consultancy wing of AlHuda CIBE offers
expert services of Consultancy, Advisory,
Training,CapacityBuilding,ResearchandShari’ah
compliant product development for the
Insurance Industry to ensure ready availability of
Takaful (Islamic Insurance) products and services
withprudentpracticesaroundtheGlobe.

3. According to Islamic Finance Development Report 2018 total assets of Takaful and re-Takaful are USD 46
billion which is only 2% of total Islamic finance industry with total 324 Takaful operators in 47 countries. The
growth of Takaful industry assets has positive trend which is shown in the figure below. Although Takaful
contribution is very less but has great potential to grow as huge number of population is untapped yet. Not
only Muslim population is the target market but non-Muslims as well as interest based activities are not
permitted in other religions. Moreover, interest free economy is more stable and effective than that of
interest based. Premium wise Takāful industry is growing around at the rate of 19%. Major shares i.e. more
than 62% contributed by the Middle Eastern economies. Among the Middle East countries Kingdom of Saudi
ArabiaisthemajorcontributorinTakāfulindustry.
With the expanding demographics of Islamic countries and that of the Islamic population globally, the
prospectofTakāfullookspromising.TheAccounting&AuditingOrganizationforIslamicFinancialInstitutions
(AAOIFI) has been playing a key role in framing and reviewing the regulatory standards governing Takāful
companies. With improved standards of living and increasing awareness of Takaful, the market is expected to
see steady growth in per capita spend on Takaful premiums and also in terms of market share in comparison
withconventionalinsurance.
Organized By
CIBE - UAE
Multilateral Partner
The Islamic Corporation for the
Development of the Private Sector
“Takaful is new Destination for Sustainable Financial World”

4. • Financial Consultants and Advisors
• Economists and Policy Makers
• Stock Brokers and Shareholders
• Philanthropist and Investors
• Shari’ah Scholars and Experts
• Academia and Researchers
Organized By
CIBE - UAE
Multilateral Partner
The Islamic Corporation for the
Development of the Private Sector
“Takaful is new Destination for Sustainable Financial World”

5. Organized By
CIBE - UAE
Multilateral Partner
The Islamic Corporation for the
Development of the Private Sector
“Takaful is new Destination for Sustainable Financial World”

6. Organized By
CIBE - UAE
Multilateral Partner
The Islamic Corporation for the
Development of the Private Sector
“Takaful is new Destination for Sustainable Financial World”
• Assessing the future prospects for Takaful:
DevelopmentofTakafulIndustryGlobally
• Challenges and Opportunities for Takaful
Industry
• Different Takaful Models and Their harmony
withexistinginsurancepractices
• Aligning product development with market
needs to improve penetration: customer
centricsolutionvsproductpush
• Enabling environment to create legal and
regulatory environment for the
developmentofTakafulindustry
• Building a global Takaful brand and the need
for the emergence of regional Takaful
operatorstoleadthewaytothenextlevel
• Micro-Takaful, an ideal tool for poverty
alleviationandsocialdevelopment
• Re-TakafulanditsDevelopments
• Use of technology for the better outreach of
Takafulproducts
• Banca-Takaful: The distribution delivery
channel
• Global Takaful success stories and case
studies

7. Organized By
CIBE - UAE
Multilateral Partner
The Islamic Corporation for the
Development of the Private Sector
“Takaful is new Destination for Sustainable Financial World”
Day 1:
Operational aspects of Takaful, re-Takaful and
Micro-Takaful
Introduction & Historical Background of Takaful
Definition & Fundamental Principles
Difference in concept & contract
Reference in first constitution of Madina
Overview of Takaful Industry
Evolution and Global Standing of Takaful Industry
Shariah Principles in Takaful Business
A Forward Plan’ for a New Takaful Landscape
Potential Areas and Developments
Takaful Models
The Mudaraba Model
The Wakala Model
The WaqafWakala Model
Investment Models
Micro-Takaful
Micro-Takaful and its Potential
Micro-Takaful towards poverty alleviation
Micro-Takaful products
Re-Takaful
Re-Takaful and its Background
Current Key Players re-Takaful Industry
Re-Takaful Potential
Constraints and Issues
Day 2:
Takaful for Regulators
Snapshot of Takaful Industry
Historical Background of Takaful
Global Standing of Takaful Industry
Takaful in Dual (Islamic & Conventional) Financial
System
Takaful Models
The Mudaraba Model
The Wakala Model
The Waqf-Wakala Model
Investment Models
Fundamentals for Sound Takaful Development
Facilitative Legal Framework
Robust Shariah Governance Structure
Institutional Capacity Enhancement
Regulatory and Supervisory Framework
Shariah Governance& Operational Framework
Risk management and internal controls
Prudential
Reporting, Market Conduct & Market Protection
Accounting Treatment and Standards of Takaful
and Re-Takaful Business
Accounting and Auditing Organization for Islamic
Financial Institutions (AAOIFI)
Islamic Financial Services Board (IFSB)
Basel Components and Takaful Industry
Digitalization and FinTech, Reg Tech and
Insure/(Tak) Tech
Future Prospects
Fintech regulation in emerging markets
Regulations for Takaful Brokers and Banca-Takaful

8. Organized By
CIBE - UAE
Multilateral Partner
The Islamic Corporation for the
Development of the Private Sector
“Takaful is new Destination for Sustainable Financial World”

9. Return address:
AlHuda CIBE FZ LLE - U.A.E
(Advisory, Consulting & Capacity Building)
P.O. Box. 120867, Dubai - U.A.E
Ph: +971 56 928 6664
E-mail: info@alhudacibe.com
Web: www.alhudacibe.com
Date:___________ Signature: ____________________________
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Emirates Islamic Bank, Dubai, U.A.E
ALHUDA CIBE FZ LLE
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MEBLAEAD
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Registration will not be confirmed until full payment has received.
Cancellation Policy AlHuda CIBE do not have any cancellation policy once
registration finalized, meanwhile, alternative can be nominated.
By sending in this registration form, I acknowledge that I commit myself to the immediate
payment of the full workshop fee. I have taken notice of the cancellation terms on this form.
Conference fee include admission to conference sessions, tea/coffee, lunch, registration materials and Certificate.
Participants Fee
Discount Policy
Five or more delegates from the same organization - 20% discount
Early Bird Discount till 30 days before the event - 20% Discount
From the above only one discount option can be availed at a time
Additional Instructions
Conference Fee
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** Please state the conference name and the full name of the participant on the reverse of the chaque.
Organized By
CIBE - UAE
Multilateral Partner
The Islamic Corporation for the
Development of the Private Sector
Global Takaful Forum 2019
(August 26, 2019 at Istanbul, Turkey)
395 USD (1 Day)
Post event workshop on Operational Aspects of Takaful, Micro Takaful and Re Takaful
(August 27, 2019 at Istanbul, Turkey)
450 USD (1 Day)
One Day Specialized Post Event workshop on ‘’Takaful for Regulators’’
( August28, 2019 at Istanbul, Turkey)
450 USD (1Day)

10. AlHuda CIBE FZ LLE - U.A.E
(Advisory, Consulting & Capacity Building)
P.O.Box. 120867, Dubai - U.A.E
Ph: +971 56 929 6664, Fax: +92 42 3529 0453
E-mail: info@alhudacibe.com
Web: www.alhudacibe.com
QUALITY PRODUCTS
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strict regulatory compliance.
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Our services are carefully designed for strict adherence of the principles of Shariah. Every
product, we offer is reviewed, approved, and overseen by highly respected and independent
Shariah scholars.
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CENTRE OF ISLAMIC BANKING AND ECONOMICS