Islamic Financial Training KARACHI 12th November, 2009 Karachi UNDERSTANDING TAKAFUL: A CUSTOMER'S PERSPECTIVE Registration 09:00 to 09:20 Session 1 Introduction to Takaful, History and Growth potential Session Chairman Timing Mr.Ebrahim Sidat – Country Managing Partner / CEO Ernst & Young Ford Rhodes Sidat Hyder Recitation Mufti Ibrahim Essa Shariah Advisor - Ernst & Young Ford Rhodes Sidat Hyder Who Should Attend? 09:20 to 09:30 Welcome Address Mr. Syed Shahjahan Salahuddin - CEO - Publicitas (Pvt) Ltd 09:30 to 09:40 Speaker Capt. M. Jamil Akhtar Khan - CEO - Takaful Pakistan Limited 09:40 to 10:40 What is Takaful? Insurance and Islam Takaful and Conventional Insurance History and Development - International and Local Experience Growth Potential & Future of Takaful Insurance and Takaful professional Islamic Bankers Session Conclusion 10:40 to 10:50 TEA 10:50 to 11:10 Session 2 Shariah issues in Insurance and different Takaful Models Consultants Secure your place Session Chairman Dr. Anis Ahmad Chairman - Shariah Board Takaful Pakistan Limited Now! Speaker for Part - 1 Mufti Zubair Usmani Shariah Board Member - Pak Qatar General Takaful Limited Shariah Issues in Insurance Riba Gharar Qimar Users of Takaful /entrepreneur / Administration / Finance manager 11:10 to 12:00 Course planned and directed by Ernst & Young Ford Rhodes Sidat Hyder Chartered Accountants Shariah Issues in contract of Insurance Nature of Islamic Contract Muawadhaat Taburruaat A member firm of Ernst & Young Global Ltd. Speaker for Part - 2 Dr. Ijaz Ahmed Samdani - Shariah Council Member Habib Bank Limited - Islamic Banking Division Concept of Waqf 12:00 to 12:50 Different Models of Takaful Modaraba Model Wakala Model Wakala + Waqf Model Types of Takaful Family Takaful General Takaful Find out more! Session Conclusion 12:50 to 01:00 LUNCH AND PRAYER BREAK 01:00 to 02:00 www.publicitas.com.pk/training Session 3 Takaful Products and Services and Accounting Concepts Timing Session Chairman Islamic Financial Training Mr. Ahmed Dawood Patel - Chairman Executive Board Ernst & Young Ford Rhodes Sidat Hyder Speaker for Part - 1 Agenda Mr. Azeem Iqbal Pirani - Regional Manager - Pakistan FWU Group Takaful products and services 2:00 to 2:40 Takaful has emerged as an alternative to conventional insurance business. Takaful is not only a tool to mitigate risk from losses or to make profits but it is an ideology to promote mutual cooperation and social security. It is also significant as it provides a product to Islamic Financial Institution to hedge their risks and a platform to participants of Takaful to mitigate their losses. 2:40 to 3:35 At a time when the global economic crises is most likely hitting home, Takaful is likely to feature as among our priority area. In addition to eliminating the uncertainty of risks, Takaful benefits the society and promotes investment. Takaful is critical for economic growth and development. Being a new product it has its weakness and issues both in theory and practice which will be identified and discussed. General Takaful Products Car, marine, fire, health etc in General Takaful Speaker for Part - 2 Mr. P. Ahmed - Director & CEO - Pak Qatar Family Takaful Limited Family Takaful Products Health, Accidental death, Educational plan for individual, share and Care for individual etc. How is Takaful more beneficial to the customer than insurance? Concept of Re - Takaful and Co-Takaful Re - Takaful and Re-Insurance Investment of Contributions Speaker for Part - 3 Mr. Khurram Jameel Senior Manager - Ernst & Young Ford Rhodes Sidat Hyder 03:35 to 03:50 Difference in accounting for Insurance and Takaful Session Conclusion 03:50 to 04:00 TEA 04:00 to 04:20 Keeping in view the significance of same this course is designed and prepared, whereby it is expected that by attending the Islamic bankers, Insurance and Takaful professionals and Shariah advisors will have an opportunity to improve their understanding of the principles and skills related to the subject. Publicitas Training Certificate Delegates who successfully complete this course will receive the prestigious Training Certificate for 6 CPD Hours. Session 4 Executive Talk - Why Takaful? (Question and Answer Session) Session Chairman ISLAMIC FINANCE: UNDERSTANDING Mufti Munib Ur Rehman Moderator TAKAFUL A CUSTOMER'S PERSPECTIVE 04:20 to 05:30 Mr. Rohail Ali Khan Deputy CEO - Pak Qatar General Takaful Limited Panelist Abdul Halim Nasri - CEO – Dawood Family Takaful Course Fee Rs. 4,500 Mr. Imtiaz Bhatti Pak Kuwait Takaful Limited Capt. M. Jamil Akhtar Khan CEO - Takaful Pakistan Limited Mr. P. Ahmed Director & CEO - Pak Qatar Family Takaful Limited Mr. Vaqaruddin CEO - Pak Qatar General Takaful Limited Contact & Information Up Coming next course: Risk Management for Islamic Financial Institutions: An Introduction Date: 25 - 26 November 2009 Karachi Email ammar.khalid@publicitas.com.pk Telephone +9221 3565 2666, 3565 4999 Fax +9221 3565 4699