The British Academy for Training and Development offers a course on the modern applications of Takaful insurance and commercial insurance. This course is designed for individuals who want to acquire significant skills in managing employee insurance within companies and institutions, understanding insurance conditions, and applying different methods. It also covers both types of insurance: Takaful and commercial, and highlights the differences between them.
With the expansion of countries, the development of cities, and the establishment of road networks covering most areas, alongside the construction of large factories and the growth of economic activities, global trade, and the increasing complexity of life, the concept of insurance emerged as a new means to protect individuals from risks they might face while engaging in activities or interacting with others. Consequently, insurance in its various forms has become widely used across many countries. Various Takaful insurance companies have emerged, offering insurance models compliant with Islamic Sharia principles.
Target Audience for Attending a Course on Modern Applications in Takaful and Commercial Insurance:
Institution and company managers
Business owners interested in developing their insurance management skills
Students and graduates from business administration faculties across various universities
Anyone looking to enhance their experience to work in the takaful insurance sector.
How Participants Will Benefit from Attending the Course:
By the end of the course, participants will have:
Gained experience in issuing general insurance policies in compliance with both Sharia law and regulations.
Learned how to prepare and follow up on price quotes for different types of insurance.
Gained expertise in staying updated with the latest developments in takaful insurance and commercial insurance.
Understood the difference between commercial insurance and takaful insurance.
Learned how to draft insurance contracts to prevent manipulation or fraud.
Introduction to Takaful Insurance
Takaful Insurance: This is a type of Islamic insurance that is based on the principles of shared responsibility and cooperation. Participants contribute to a fund that is used to cover potential losses, aligning with Islamic values and principles of mutual aid.
Definition of Commercial Insurance
Commercial Insurance refers to traditional insurance services provided by companies that involve pooling risk to offer financial protection for individuals or businesses.
Features of Commercial Insurance vs. Takaful Insurance
Commercial Insurance typically operates under a for-profit model, while Takaful is based on mutual assistance, following ethical principles rooted in Islamic finance.
Legislative Issues and Laws Related to Insurance
Various laws and regulations govern the practice of insurance, including those specific to Takaful insurance, to ensure fair practices and consumer protection.
Classification of Risks and Damages
Risk and damage classifications are essential for determining appropriate coverage and the best ways to mitigate financial losses. Updated procedural codes and terminology are key for accurate insurance practices.
Common Procedure Codes in Takaful Insurance
The procedure codes used in Takaful are defined by industry standards, allowing for standardized handling of claims and operations.
Modern Applications in Takaful Insurance
Recent advancements have led to innovative applications of Takaful, including digital platforms and smart contracts for better customer engagement and more efficient risk management.
Training Course Dates and Locations
The courses are held in the following countries:
Egypt, Jordan, Malaysia, Turkey, England, France, Italy, Germany, Sweden, Austria, Denmark, Australia, and the United States.
The courses are offered at times and locations that are suitable for your work schedule.
Training Formats:
Group training at Academy centers.
One-on-one training based on a comprehensive curriculum.
Field training for hands-on learning.
Theoretical training in designated classrooms within the Academy.
Certification upon Completion
Participants who complete the course on Modern Applications in Takaful and Commercial Insurance will receive a certified completion certificate from the British Academy.
Note / Price varies according to the selected city
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