The global market for Takaful products is one of the most exciting and high potential sectors within international financial services today. With the industry still in a nascent stage of development, significant growth has been witnessed over the past five years. Crucially, this has meant accessibility for millions of Muslims to wide ranging risk protection products without the need to compromise religious beliefs.
However the Takaful industry faces significant challenges in its continued quest for growth. One such challenge is that of education and awareness. To play a small, but we hope significant, part in the effort towards greater understanding of Takaful products REDmoney books have published a comprehensive training reference and education manual.
Covered in the manual will be the following vital topics:
- Introduction to Islam and finance
- Risk & risk management
- Origins of Takaful
- Islamic law & Takaful
- Takaful operations
- Takaful products
- Sales techniques
- Accounting for Takaful
- Investment of premiums