MicroTakaful – the way forward by Capt. M. Jamil Akhtar

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Top 20 FREQUENT WORDS

takaful 13 microtakaful 7 pakistan 7 insurance 5 income 4 micro 4 rural 4 advantage 3 coverage 3 introduction 3 investment 3 microfinance 3 prospects 3 surplus 3 agriculture 2 areas 2 banks 2 benefits 2 cont 2 countries 2 credit 2 defined 2 efforts 2 extensive 2 financial 2 historical 2 incentives 2 individual 2 initiative 2 initiatives 2 insured 2 jamil 2 loss 2 ngos 2 perspective 2 products 2 profit 2 required 2 risk 2 subsidy 2 urban 2


DOCUMENT KEY POINTS

  • jamil akhtar khan acii mcit master mariner chief executive officer takaful pakistan limited
  • microtakaful a the way forward presented by capt
  • introduction micro insurance defined risk pooling products that are designed to be appropriate for the low income market in relation to cost terms coverage and delivery mechanisms
  • microtakaful refined a mechanism to provide shariah based protection to the blue collared under privileged individuals at an affordable cost
  • a c opens avenues for joint efforts for mutual benefits
  • a c microtakaful will help them sustain their financial well being
  • a c industrial era of early sa a c microfinancing hand in hand with microinsurance and later microtakaful
  • historical perspective a c takaful concept evolved from individual common interest
  • a c in of the poorest countries in the world there is currently no identified micro insurance activity
  • a c only of poor lives are insured in india and china
  • prospects in pakistan a c serious efforts at national level only picked up during the last decade
  • a c large rural urban divide a c population below poverty level
  • a c benefit of economies of scale to make these viable ventures
  • a c state bank s initiative a branches of commercial banks required in rural areas
  • a c students healthcare campus care cover a c factory workers daily wagers a c crop takaful a c credit coverage for islamic microfinance
  • takaful pakistan s initiatives a c coverage to over low cost houses
  • the takaful advantage a they seemed satisfied with the convenience and affordability of the policy but some thought that the premium should be reimbursed if they do not file a claim
  • excerpt from the demand for micro insurance in pakistan by elizabeth mcguinness and volodymyr tounytsky march
  • holder mudarib s management wakalah investmen share of ptf s expense of profit loss fee t investment the income income company takaful operator investment by the company waqf operational claims cost of takaful investment reserves surplus retakaful income balance p a r t i c i p a n t s t a k a f u l f u n d p
  • the takaful advantage share share h o l d e r s f u n d s
  • end of presentation jazzakallah khair captain
  • jamil takaful dot com


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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


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DOCUMENT REFERENCES

Number of Pages

30


Published Date

2016-09-17 01:18:32


Full Document

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