The “Gong Ceremony” hinted the start of the 12th ASEAN Universities International Conference on Islamic Finance. A unique gesture of welcoming all the guests, participants, & delegates by no less than the Mindanao State University system president, Atty. Basari D. Mapupuno.
One-day Takaful Professional Master Class Program, a comprehensive and interactive learning experience designed to enhance your understanding of Takaful. This program is crucial for professionals and educators in the field as it covers a whole wide range of topics from the fundamentals of Takaful, its various models, and products, to the regulatory framework and risk management.
It also provides insights into successful case studies and the future of Takaful. The practical sessions offer an opportunity to apply the knowledge gained and interact with peers.
Takaful products are a variety of insurance plans that adhere to Shariah principles and offer protection for individuals, families, and assets. Takaful products can cover a range of needs, including:
A takaful operator manages the fund and pays out benefits. The operator charges a fee for its services, which is deducted from the contributions made by the certificate holders.
Takaful, often referred to as ‘Islamic insurance’, is a way for businesses to mitigate the financial risk of unforeseen events. Takaful is based on social solidarity and cooperation, it is a pact among a group of people who agree to jointly indemnify loss or damage from a fund they donate to collectively.