African Takaful Forum
24° - 25° April, 2017
Lagos - NigeriaAbout
AlHuda Center of
Islamic Banking & Economics
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 11 years 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
following quality servicesall over the world.
sAdvisory & Consultancy
sResearch & Development
+Eucation & Capacity Building
«Shariah Advisory
+Publications & Events
AlHuda CIBEis supported by many national and international organizations
and institutions as Strategic Partners and our Alumni have spread over 54
countries. We are proud to stand among world’s largest presences for
capacity building, trainings, consultancy and other services.
More details are available at www.alhuda
comAbout Islamic Finance
in Africa
Africa is the world's second-largest and second-
most- populous continent, after Asia. With 1.0 billion
people, it accounts for about 14.72% of the world's human
population. According to the World Book Encyclopedia, Islamis
the largest religionin Africa, followed by Christianity.
The region has significant potential as it is home to more than 413 million
‘Muslims and the Islamic finance industry in Africais rather untapped. Islamic
banking and their products are likely to be most popular in the parts of
Africa comprising the highest concentration of Muslims such as North
Africa, large parts of West Africa and down the eastern seaboard. Islamic
banking is also expected to become attractive in countries with significant
populations of Muslim business persons such as in South Africa. Moving
forward, expansion of Islamic finance industry in Africa is expected to bring
the favorable turns in trade progress and business interactions with the
Middle East. Islamic finance can potentially play a part in facilitating more
trade opportunities between Africa, Middle East and rest of the world with
the involvement of more global and Islamic banks from bothregions.
The aim of this Forum is to explore the untapped market of Africa and to
adopt the latest trends, challenges and opportunities in Islamic Finance
industry of Africa.
This conference will provide youwith practical insights into:
+ Global efforts and achievementsin Islamic Banking and Takaful
+ This effective platform will demonstrate the flexibility of Islamic financial
markets during the current financial crisis.African Takaful Forum
24% — 25% April, 2017, Lagos - Nigeria
Day1
Introduction & Historical background
* Definition & Fundamental Principles
* Difference in Concept & Difference in
Contract
+ Early practices
+ Reference in first constitution of
Madina
*Takaful practice through the ages
Recent developments
* Evolution during the seventies
Judicial opinions and Fatwas
* Formation of first Takaful companies
* Developments in the Far East
* Developments in the Middle East
Takaful Models
*The Mudaraba Model
+The Wakala Model
+The Waqf-Wakala Model
*Investment Models
Takaful Comparison
+ Comparison with mutual societies
+ Comparison with cooperatives
* Comparison with self retention
schemes
* Comparison with conventional
insurance
Takaful Documents
*Proposal form
+Participants' Membership Documents
*Claims procedures
*Surplus sharing mechanism
se
Day2
Co-Takaful Mechanism
‘+ Need for proposal form/Client’s consent
‘Need for separate policy for own share
percentage
Co ~Takaful under lead of other Takaful
Company
*Co~Takaful under lead of a conventional
insurer
*Co~Takaful claims handling
ReTakaful
Background
Current Key players
+ Constraints and Issues
‘+ Recent development
Banca Takaful
Concept of ‘one ~stop shop’ & ‘Financial Super
Market’
‘Types of Banca Takaful products
“+ Need to tallor certain products
‘Integration issues
+ Regulatory issues & need for disclosure
Banca Takaful marketing
+ Global Takaful growth
+ Future prospects
Conclusion
Takaful Marketing,
+ Creating Awareness
+ Offer ‘Vs! Sales?
‘Market Conduct.
Follow ups
‘Client serving & client retentionEvent Summary
Africa needs to keep an eye on the potential of Islamic Finance and what
value it can bring to the current system of Islamic Finance. Investing in
Islamic Finance leads to have greater foreign investment which could result
an enhanced global connectivity, improved job creation, socio-economic
development and poverty alleviation.
Takaful Forum aims to provide an excellent opportunity for the inhabitants
of African countries and rest of the world to develop stronger knowledge of
Islamic insurance (Takaful) procedures that will create genuine global
opportunities for the long term development of this growing and
increasingly transcending Islamic financial sector.
This high profile event will provide you with practical insights into:
i Islamic insurance infrastructure
‘Linkages of African Islamic finance industry with International financial
market
Demonstration of the flexibility of Islamic insurance markets during the
recentfinancial crisis
«Share the best practices of Takaful with African Islamic finance industry
«How Takaful industry optimizing their performance & managing to
over the current market situation
“Assessing innovations in Islamic insurance industry through the growth of
newly developed research based products
Latest developments & future trends within the Takaful IndustryBenefits to Participants
Theattendees of this conference would have the following benefits:
+ In-depth knowledge of Islamic finance and Takaful, its concept, Model &
Operational Practices.
+ Shariah principles and mechanism about Islamic finance and Takaful.
+ Opportunity to gain knowledge about global Practices on Takaful through
learned national and international scholars and experts.
+ Encouragement of Professionals/financial institutions/donor
agencies|Government institutions about mechanism of Islamic Finance.
+ Learning new techniques of financing and opportunities in emerging
Markets.
«Key Features of the Conference
+ Strengthen African Takaful industryin solid foundation.
+ Explore the African market potentials and optimizing Isla
Takafulin turbulent environment of theregions
+ Attracting International Islamic financial players, Investors and financials to
benefit business growth of Africa
+ Assessing the Future outlook of Islamic banking & Takaful Industry in Africa
+ Stepping aheadto stronger the Islamicinsurance prospectsin Africa
banking &
Who should attend?
+ Heads, Managing Directors and CEOs of insurance, Takaful, commercial and
Islamic banks and Islamic financial institutions
+ Islamic retail, Corporate, SME &
Treasury Bankers
+ Business Development Managers
+ Heads of Research and
Development
+ Fhancial Consultants
+ Unit Trust Agents & Insurance]
Takaful Agents
+ Brokers of bonds and Sukuk
+ Fund Managersand Selectors
+ Government Officials and
R epresentatives
‘inancial Consultants and Advisors.
Economists and Policy Makers
‘Stock Brokers and Shareholders
Financial Market Regulators
Business Analysts and Business
Development Managers
Financial Controllers & Account:
Managers
Academia and Researchers
MediaRegistration Form
African Takaful Forum
24 — 25% April, 2017, Lagos - Nigeria
Participant Information
Title: Croft Cor Cm, Gms. mrs. other
Full Name:
Organization: Designation,
Address:
Postal/Zip code: city country.
‘Telephone: Cell Fax.
Email (Official). Email (Personal)
Forum Fee
Forum fees include admission to forum sessions, tea/coffee, lunch, registration materials and Certificate.
Fee for Int'l (USD)
African Takaful Forum 24-25" Api, 2017, agos-Neerla US$ 595 (2 Days)
Discount Policy
‘Five ormore delegates from the same organization - 20% discount
‘Account details for Payment
You can proceed your fe by cheque or demand daft in favour of Auda CIBE or you can algo transfer your fee onine/wie transfer. Banks detail
isas under
Bank Name Emirates Islamic Bank, Dubal, UAE
Account Title: _ALMUDA CIBEF2 ILE
AED A/C No: (0228-088619-001,
IBAN ‘AE#9 0340 0002 2808 9619 001
Swit Code MEBLAEAD
formation Registration forms must be accompanied
bru pen noone be pce \
‘hegre cme un fl aymet as eee iy)
‘$Confirmation Please allow 3 days for ema confirmation of your registration,
Retuen address
‘AlHuda CIBE FZ LLE - U.A.E
(acvsory, Consulting & Capacity Bulding)
P.O. Box 120867, Dubal DAE.
i, 9972 38928 e064
eS a Ermallinfoahucacbe.com
Web: www slhudeelbe.comOUR PROMISE
an
* QUALITY PRODUCTS
All our services meet the required standards and offer you competitive pricing and
strict regulatory compliance.
» STRICT SHARIAH COMPLIANCE
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.
» SERVICES EXCELLENCE
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responsive and reliable.
CENTER OF ISLAMIC BANKING & ECONOMICS
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