Takaful: Concept and Model by Atiquzzafar Khan

More documents

Recommendations

Info

The business model dilemma The existence of three business models:Mudharabah (Profit & Loss sharing)Wakala (agency contract with aperformance fee element to replacesurplus sharing)Wakala with Waqf model Could create an uneven / unfair businessenvironment to operate Need to reach a consensus internationallyon a common and standard Takafulbusiness model
Future OutlookDespite the remarkable growth raterecorded by the Takaful industry,penetration is still far below theenormous market potential offeredby the Muslim community worldwide(23% of the total world population).
Page 1 and 2: Takaful: Concepts and ModelsByAtiqu
Page 3 and 4: Risk and Insurance:Risk and uncerta
Page 5 and 6: Socio-Economic Benefits of Insuranc
Page 7 and 8: Shariah Position of InsuranceOpinio
Page 9 and 10: Major Arguments AgainstInsuranceAcc
Page 11 and 12: Takaful Pioneers Takaful started so
Page 13 and 14: Other Islamic/ Takaful Legislations
Page 15 and 16: Takaful driversThis movement is dri
Page 17 and 18: Takaful OperatorsThe number of Taka
Page 19 and 20: Takaful Geographical SpreadSouth& E
Page 21 and 22: WORKING OF THE TAKAFULBUSINESS: The
Page 23 and 24: Mudarabah ModelFamily TakafulProfit
Page 25 and 26: In case the Partcipant survivedShou
Page 27 and 28: Shariah Concerns regarding Mudaraba
Page 29 and 30: Wakalah ModelGeneral TakafulCOMPANY
Page 31 and 32: Waqf Model
Page 33 and 34: Cont… Waqif has right to set the
Page 35 and 36: A Waqf Fund would basically be asep
Page 37: The Challenges ahead Despite a rema
Page 41 and 42: New Takaful Frontiers Markets like
Page 43 and 44: Conclusions Despite the challenges

Takaful: Concept and Model by Atiquzzafar Khan

Create successful ePaper yourself

Delete template?

Save as template?