ICMIF Takaful Network Seminar
21st to 23rd November 2011
Colombo, Sri Lanka
Host: Amana Takaful
Organiser: FOIITC, GTG and ICMIF
"Returning to our roots; Realizing our potential" was the theme of the fourth ICMIF Takaful Network Seminar, which brought together almost seventy delegates from Takaful providers across the world. The event was hosted by Amana Takaful and it was the first seminar organised jointly by the Federation of Islamic Insurance and Takaful Companies (FOIITC), Global Takaful Group (GTG) and ICMIF. This was also the first time that a Takaful seminar included a microtakaful field visit for delegates.A highlight of the event was the announcement of a joint declaration by the three organisations to join efforts and resources towards the promotion of Takaful and Mutuality worldwide. Agenda items included:
- Ethical underpinnings of Takaful as the way forward, Prof Datuk Syed Othman Alhabshi, Shariah Committee Member, Etiqa Takaful Berhad, Malaysia
- Critical issues currently facing Takaful Operators,
Dato Syed Moheeb Kamarulzaman, CEO, Takaful IKHLAS, Malaysia
Sami Guellouz, General Manager, Best Re, Malaysia
Abdul Rahim Abdul Wahab, Director & Consulting Actuary, SHMA Actuarial Consulting, Pakistan
- Value based approach in the Marketing and Branding of Takaful,
Dato Majid Mohamad, Secretary, Global Takaful Group, Malaysia
Adel Hashim, General Manager - Sales and Marketing, Amana Takaful, Sri Lanka
- Building the trust of the people we serve,
Ismail Mahbob, President & CEO, MNRB Retakaful Berhad, Malaysia
Steve Muia, Head of General Takaful, Takaful Insurance of Africa, Kenya
- Extending access to Takaful for the low-income population,
L.B. Abeysinghe, Consultant, Sanasa, Sri Lanka
Imran Nafeer, Head of Microfinance, Muslim Aid, Sri Lanka
For more information visit www.icmif.org/takaful2011
ICMIF Takaful Network Seminar
28th and 29th October 2010
Kuala Lumpur, Malaysia
Host: Takaful IKHLAS
Organiser: ICMIF
"Back to basics: Mutuality in Takaful" was the theme of the third ICMIF Takaful Network seminar held in October in Kuala Lumpur, Malaysia. With almost seventy delegates from takaful providers across the region attending, the seminar highlighted the linkages and opportunities for working together between the takaful and mutual/cooperative insurance sectors. Agenda items included;
- The roots of Takaful and linkage to mutuality, AAssoc Prof. Dr. Mohammad Akram Laldin, Executive Director, ISRA Malaysia, Malaysia
- Key success factors for the growth of mutuals,
Esmond Chan, NTUC Income, Singapore
Vener S. Abellera, CARD Mutual Benefit Association, Philippines
Mikael Petersson, Folksam, Sweden
- Creating the value proposition in Takaful,
Eshan Zaheed, Amana, Sri Lanaka
Shahrul Azuan Mohamed, Etiqa Takaful, Malaysia
Mohamed El Nour Ahmed, Watania Co-operative Insurance Co. Ltd. Sudan
- Takaful at a crossroad? The Shariah perspective,
Prof. Datuk Dr. Syed Othman Alhabshi, INCEIF, Malaysia
Dr Aznan Hasan, International Islamic University Malaysia (IIUM), Malaysia
Dato' Haji Mohd. Mokhtar Bin Shafii, Takaful IKHLAS, Malaysia
- Cooperatives and Takaful working together,
Hassan Scott Odierno, Mercer Zainal Consulting Sdn Bhd, Malaysia
Mohamed Jalaluddin, Islamic & Ansar Housing Insurance Cooperative Corporation Ltd. Canada
James T.K. Osabutey, Unique Life Assurance Company Ltd., Ghana
Hassan Bashir, Takaful Insurance of Africa (TIA), Kenya
For more information visit www.icmif.org/takaful2010
ICMIF Takaful Network Seminar
5th to 6th May 2009
Manama, Bahrain
Host: Solidarity
Organiser: ICMIF
The second ICMIF Takaful Network meeting was held on May 5 and 6, 2009 at the Elite Suite in Manama, Bahrain. The meeting hosted by Solidarity had 35 delegates registered from 20 member organisations attending. The aim was to bring together the wealth of experience amongst ICMIF members across the globe and include presentations from France, Kenya, Sri Lanka, Sweden, Malaysia, Tunisia, UAE and Bahrain. This was a unique opportunity for members to exchange ideas in a friendly workshop environment and once again many Takaful members particpated in an ICMIF event.
As well as listening to presentations on day one delegates were invited to a visit tour where they had the privilege to discover Bait Al Quran and the Bahrain National Museum . Solidarity also produced a daily newsletter for the seminar delegates, which can be downloaded below.
- Takaful: Challenges and the Way Forward, Abdul Rahman Baker, Central Bank of Bahrain, Bahrain
ENGLISH
- The Future of Takaful: Opportunities in Adversity, Salmaan Jaffrey & Mark Stanley, Ernst & Young, Bahrain
ENGLISH
- Mutuality in Practice, Sebastien Chauve, MACIF, France
ENGLISH Surplus distribution
- Introducing Takaful in Non-Takaful Market,
Eshan Zaheed, Amana, Sri Lanaka ENGLISH
Mikael Petersson, Folksam, Sweden ENGLISH
Steve Muia, CIC Ltd, Kenya, ENGLISH
- Ethical Positioning in Insurance & Takaful, Sharil Azuar Jimin, Etiqa, Malaysia
ENGLISH
- Status of Micro-Insurance in Bangladesh, Muhammed Sha Alam, Prime Islami Life Insurance Ltd, Bangladesh
ENGLISH
- Balanced Wakala Models in General Takaful, Gautam Datta, Solidarity General Takaful, Bahrain
ENGLISH
- Surplus Distribution and Corporate Governance, Mahomed Akoob, Hannover Re Takaful, Bahrain
ENGLISH
- Key Corporate Governance Issues for Takaful Operators, Abdulrahman Khalil Tolefat, Allianz Takaful, Bahrain
ENGLISH
- New Retakaful: Is it Time to Convert from Conventional?, Chakib Abouzaid, Takaful Re, UAE
ENGLISH
- The Role of Family Retakaful , Sami Guellouz, Best Re, Tunisia
ENGLISH
- What Can Takaful Operators Do To Improve Policyholder Benefits , Gopi Rao, Solidarity, Bahrain
ENGLISH
ICMIF Takaful Network Seminar
16 June 2008 to 17 June 2008
Kuala Lumpur, Malaysia
16 June 2008 to 17 June 2008
Kuala Lumpur, Malaysia
Host: Etiqa
Organiser: ICMIF
The first ICMIF Takaful Network meeting was held on June 16 and 17, 2008 at the Prince Hotel and Residence in Kuala Lumpur, Malaysia. The meeting hosted by Etiqa had forty delegates registered from eighteen member organisations attending. The aim was to bring together the wealth of experience amongst ICMIF members across the globe and include presentations from Trinidad & Tobago, Canada, Pakistan and Bahrain. This was a unique opportunity for members to exchange ideas in a friendly workshop environment and the first time many Takaful members particpated in an ICMIF event.
As well as listening to presentations on day one delegates were invited to visit the offices of Etiqa and Takaful Ikhlas to discuss first hand operational issues with company representatives. Etiqa also produced a daily newsletter for the seminar delegates, which can be downloaded below.
Web site: http://www.icmif.org/takaful2008
Download brochure
Presentations
- Takaful and Mutuality, Prof Dr Mohd Ma`sum billah, MBW Group
ENGLISH
- Dare To Be Different … PruBSN's Way, Mr Mohamad Salihuddin Ahmad, Prudential BSN Takaful Berhad
ENGLISH
- Opportunities & Challenges Related to Takaful Sector in Bahrain, Mr Gopi Rao, Solidarity
ENGLISH
- Takaful General in the Indonesian Insurance Market, Mr Dadang Sukresna, Asuransi Takaful Umum
ENGLISH
- Challenges and Opportunities in establishing Takaful in Canada, Mr Pervez Nasim, Islamic Housing Cooperative
ENGLISH
- Successful Islamic Insurance Operations in the 21st Century, Mr Ahmad Feizal Sulaiman Khan, Etiqa
ENGLISH
- Takaaful among Muslim Minorities- The case of Takaful T&T Friendly Society, Mr Imtiaz Ali, Takaaful T&T
ENGLISH
- Branding Microinsurance in Sri Lanka (Amana Takaful), Mr Aashiq Aminuddin, Amana
ENGLISH
- Humanising Takaful through Cyber Communities, Mr.Izzuddin Shah Othman, Etiqa
ENGLISH
- How Do We Operationalise Our Model?, Tn Hj Mohd Tarmidzi Ahmad Nordin, Etiqa
ENGLISH
- Agency Management,Training and Incentive Programme, Tuan Haji Rozhan Yusof, Takaful Ikhlas
ENGLISH
- Internet Point Of Sale, Haji Wan Mohd Fadzlullah Wan Abdullah, Takaful Ikhlas
ENGLISH
Mutuality, Cultural Diversity and Sustainable Development Seminar
21 May 2004
Tunis, Tunisia
The seminar attracted 61 delegates from 18 countries and included presentations from the cooperative and mutual movement and the Islamic insurance sector. Dawood Taylor, head of Takaful Tawunni (Saudi Arabia), confirmed that mutual and cooperative principles were at the heart of insurance under Islamic law, but noted that regulatory restrictions have made it necessary for outside capital to be required and this has meant many recently formed Takafuls have been a hybrid of the mutual and stock form.
In his conclusions Mr Taylor stated that the best form of Takaful would ideally be an existing mutual or cooperative insurer which invested its premiums compliant with Islamic principles, which basically are truly ethical.
Ahmed Sabbagh, general manager, the Jordan Islamic Insurance Company, in his presentation recognised the need for the Takaful movement to work closely with the mutual and cooperative movement. The session was concluded by Farid Benbouzid, managing director, BEST Re, with encouragement for the two movements to build a closer relationship and to work on building upon their core similarities.
The session on poverty included presentations on projects in Senegal, Mali and Tunisia demonstrating that the mutual and cooperative form was prevalent across Africa and was the most appropriate vehicle to provide financial services to low income sectors. Presentations were also made on the challenges of developing insurance markets by Jean-Louis Bancel for the African market and Farid Benbouzid on the current developments in Middle East insurance sector.
The session concluded that greater cooperation and assistance was needed to enable the sustainable growth of the insurance provision in these regions.
“The seminar on mutuality and cultural diversity has laid the ground for new and interesting avenues for the international cooperative and mutual insurance movement and we are grateful to Best Re for this unique opportunity. It is now important for ICMIF to build on the findings of this seminar and extend the hand of cooperation to the Takaful movement and support the principles of mutuality in all its various forms.” said Hans Dahlberg, former chief executive, ICMIF.
Presentations
- Principles and practices around the world, Hans Dahlberg
ENGLISH | FRENCH
- The benefits of mutuality and an analysis of the French market, Jean-Louis Bancel
ENGLISH | FRENCH
- Takaful models around the world and the case of Takaful Tawwuni, Dawood Taylor, Bank Al Jazira
ENGLISH | FRENCH
- Mutuality and Takaful, the case of Jordan, Ahmed Sabbagh, The Islamic Insurance Company
ENGLISH
- A viewpoint on the development of the global Takaful sector, R. Farid Benbouzid, BEST Re
ENGLISH | FRENCH
- Mutuality, cultural diversity and development: The case of Senegal, Ibrahima Cissé, SOSAR
ENGLISH | FRENCH
- Health insurance and micro-insurance in Western Africa, Kulmie Samantar, FNMF
ENGLISH | FRENCH
- Micro-insurance in the Maghreb, Sami Guellouz, BEST Re
ENGLISH | FRENCH
- Product development in the African market, Jean-Louis Bancel
ENGLISH | FRENCH
- Issues in a changing insurance market, the case of the Middle East, R. Farid Benbouzid, BEST Re
ENGLISH | FRENCH
|
