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Takaful is a fast growing concept of Islamic Insurance and it is not onlythe Shari’ah Compliant risk covering product rather its feature ofpotential return gives it a competitive edge over conventionalinsurance achieving wider acceptability and commercial attractionfor this pristine through nascent industry.Latest industry data shows that there has been an ideal growth in themutual cooperative insurance and its global market share reached at30 % with optimistic trends.

Takaful consultancy wing of AlHuda CIBE offers expert services ofConsultancy, Advisory, Training, Capacity Building, Research andShari’ah compliant product development for the Insurance Industryto ensure ready availability of Takaful (Islamic Insurance) productsand services with prudent practices around the Globe.

Introduction & Historical Background! Definition & Fundamental Principles! Difference in Concept & Difference in Contract ! Early practices! Reference in first constitution of Madina! Takaful practice through the ages.Recent Developments! Evolution during the seventies! Judicial opinions and Fatwas! Formation of first Takaful companies! Developments in the Far East! Developments in the Middle EastTakaful Models! The Mudaraba Model! The Wakala Model! The Waqf-Wakala Model! Investment ModelsTakaful Comparison! Comparison with mutual societies! Comparison with cooperatives! Comparison with self-retention schemes! Comparison with conventional insuranceTakaful Documents! Proposal form! Participants' Membership Documents! Claims procedures! Surplus sharing mechanismCo Takaful Mechanism! Need for Proposal Form/Client's consent! Need for separate Policy for own share percentage! Co-Takaful under lead of other Takaful Company! Co-Takaful under lead of a conventional insurer! Co-Takaful claims handling.ReTakaful! Background! Current Key players! Constraints and issues! Recent developmentsTakaful Worldwide

! Statistics! Global Takaful growth! Future prospects ConclusionHow to sell Takaful Products?! Creating Awareness! Offer' Vs 'Sales’! Market Conduct! Follow-ups! Client servicing & client retentionBancatakfulWhat is Banca & Why?! History of Banca! Success of Banca! How so successfulDeveloping the Banca Channel?! Pre requisites ! Possible structur! Pros and Cons of Structure!Outside the box!Developing Banca Products! Key elements of Successful Banca products! What works and what doesn't?! Outside the Box!Technology & Marketing! Most useful element in arrangement both for bank and Takaful Company! Creative Utilization ! Outside the Box!! Marketing of Bancatakaful! How to do it! What works and what does not ! Outside the box!Customer Service for Bancatakaful! Ease of Bancatakaful customer Service! What to be wary of ! Outside the Box!Product Development! Characteristics of successful Product ! Who designs and develop product?! Competitive strategy! Challenges and benefits of Product! Market segmentation! Cost benefit! Innovation in existing system

Azeem Iqbal Pirani is the Regional Head for Pakistan at FWU AG. Asthe main representative for the Munich headquartered company in Pakistan he is responsible forsetting up the branch as well as putting in place required agreements to enable it to carry out itsbusiness of facilitating BancaTakaful. FWU is presently the largest global distributor of BancaTakaful.

Prior to joining FWU AG Azeem was Head of Marketing & Alternate Distribution at Pak-Qatar Family Takaful, Pakistan's first Family Takaful Operator. Prior to that he was Manager of the Marketing department and Contact Center at Meezan Bank Limited, Pakistan's first and largestdedicated Islamic bank.

On the social front Azeem is one of the founding trustees at Ihsaas Trust. A Shariah compliantmicrofinance provider which aims to help its brothers and sisters in humanity becomes self-reliant. Azeem has published a number of articles in the field of Islamic finance and Takaful and is frequently invited to speak on these subjects at various venues including universities and television programs. He holds a Postgraduate Diploma in Islamic Banking and Finance from the Center of Islamic Economics in Pakistan, an MBA in International Business from the University of New Brunswick in Canada, and BBA.

th thNovember 9 - 10 , 2015

th thNovember 9 - 10 , 2015