A Review of Takaful by Prof. Khawaja Ahmed Saeed

Top 20 FREQUENT WORDS

takaful 104 insurance 39 scheme 17 companies 16 kse 12 years 12 accident 9 coverage 9 islamic 9 pakistan 9 policy 8 april 7 liability 7 loss 7 sector 7 source 7 building 6 business 6 damage 6 banking 5 college 5 computed 5 covered 5 financial 5 increase 5 motor 5 participants 5 personal 5 public 5 schemes 5

DOCUMENT KEY POINTS

al huda centre of islamic banking islamic economics event two days specialized training workshop on takaful islamic insurance presentation topic insurance industry in pakistan a review takaful understanding the concept presentation by prof
doctor khawaja amjad saeed principal hailey college of banking finance university of the punjab email kamjadsaeed yahoo dot com venue date time avari hotel lahore

pk mob member governing council international federation of accountants ifac president south asian federation of accountants safa president institute of cost and management accountants of pakistan president association of management development institutions of south asia amdisa pro vice chancellor university of the punjab lahore founder director institute of business administration iba university of the punjab lahore
doctor khawaja amjad saeed presentation frame a insurance in total framework b insurance policy c takaful principal hailey college of banking finance university of the punjab lahore pakistan email kamjadsaeed yahoo dot com a website www dot kamjadsaeed

kse top ten insurance companies gross premium written
slic growth of number of policies and lives covered

types f main takaful
protection certain basic right

family takaful individual group plans
house owoner s householder s scheme

pakistan gulf economist karachi various issues
sharing thoughts with scholars in malaysia

a kse listed insurance companies year number percentage average annual increase
source computed from kse daily quotation april

products fire marine motor miscellaneous scope being expanded
a products offered as revenue drivers s

rational role of public sector in line with international practices
capital formation and investment levels

postal life insurance company with insurance law
public sector insurance entities to be corporatized

open insurance of public property to private insurance companies ministry s suggestions
others source extracted from daily times dawn april

c takaful c protection of certain basic rights the right of protect
dignity honour

a c pact among a members or participants who agree to jointly guarantee among themselves against loss or damage
c takaful c al takaful a c joint guarantee

malaysia pioneering role first legal framework takaful act sudan iran islamic regulatory environment now movement has been blossomed
c takaful c takaful a inretrospect started years ago uae the islamic arab insurance co

c takaful c main takaful operations estimate
one of the fastest growing segments in insurance

c takaful c main takaful operations geographical spread
south east asia

c takaful c global takaful sector leading countries
saudi arabia

c takaful c global takaful sector leading countries
kuwait

c takaful c types of main takaful the commercial activity of takaful is reflected in two basic types of business that it undertakes
the types of business are as follows general takaful family takaful business

scope of cover a c fire lightning thunder and underground fire a c explosion a c aircraft damage a c impact damage a c bursts or overflow from water tanks pipes or any facilities a c theft caused by forcible entry
c takaful c house owner s householder s takaful scheme coverage house owners a c cover against loss or damage of building house

c takaful c house owner s householder s takaful scheme scope of cover a c tidal waves hurricane thunderstorm or heavy rain a c earthquake and volcanic explosion a c flood a c liability to the public a c loss of rent up to of sum covered of the house
eligibility a c individuals owning a house

a c each installment paid by the participants is divided and credited into two separate accounts namely the participant account and the special account
c takaful c family takaful scheme a c the modus operandi for islamic insurance companies operating life business are almost similar but more clarification is needed

the major portion of the profit say is paid to the policy holders and the company is entitled to get the balance amount of the profit only
c takaful c family takaful scheme a c the amount that is credited into these two accounts is invested as per shariah code and profits are shared between the participants and the company in an agreed ratio

c takaful c family takaful plan introduction with the family takaful plan you can be assured of a certain sum of money which will go a long way to ease the financial burden of your loved ones in the event of your untimely death
you will enjoy tax relief too from your takaful installment

a c long term financial program to facilitate the creation of your personal savings and retirement fund
a c no forfeiture of your takaful installments in the event of cancellation

a c as an assurance to help you through with any financial tide in case of mishap such as accident permanent disability or to finance your hospitalization bills eligibility a c open to all individuals aged between to years old
c takaful c family takaful purpose a c a systematic savings and investment program that could grow into a long term fund for your family endowment in case of your untimely death before the maturity period

Please note, This is an auto generated summary based on sentances position in the document and other factors

DOCUMENT WORD ANALYSIS

Main Category

AlHuda Material\takaful

KeyWords

taka islam insur malaysia productdeferred shariah countries muslim financial retakaful model growth custom partner developed service mutual bankable provided scheme

DOCUMENT REFERENCES

Number of Pages

43

Published Date

2016-09-17 01:17:11

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A Review of Takaful by Prof. Khawaja Ahmed Saeed

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