View source for Islamic Insurance in 21st Century by Ahmad Feizal




== Top 20 FREQUENT WORDS ==
takaful 65
islamic 21
global 10
insurance 10
business 9
development 9
financial 9
muslims 9
international 8
etiqa 7
malaysia 7
mifc 7
growing 6
growth 6
icbu 6
markets 6
operators 6
products 6
usd 6
fortis 5



== DOCUMENT KEY POINTS ==
*takaful successful islamic insurance operations in the st century ahmad feizal sulaiman khan head business development etiqa icbu feizal
*sk etiqa dot com

*taylor presented at th harvard university forum on islamic finance a c additional new licences granted in the middle east and indonesia a c malaysia and indonesia at the forefront of takaful business usd

*success of takaful growing pains a c penetration rate a c not enough focus on customer convenience and easily explainable products a c wider availability necessary for takaful products a c new markets not only muslims but also non muslims a c brand awareness global recognition a cross border activities still minimal a must transpire into guidelines for ease of a passporting a takaful as a brand as well as the underlying companies not recognized a c public awareness is low a c adequate training to agents dist
*channels and education a c incentive modes a to be creative a akin to wakalah model a c banca development takaful products need to become bankable easy access a c competitive pricing a c innovative product development a infant stage compared to structured tailor made wealth mgt protection solution a one stop centre a to include islamic trust will writing and investment services

*success of takaful one stop centre holistic service offering art of wealth income capital realising one s interests in preservation society culture leisure or the preserving standards of living arts
*building protecting transferring wealth growth structures allowing a lt increase in wealth

*success of takaful the global takaful market muslims in predominantly a c gdp of usd
*nonmuslims a c takaful may need to be repositioned to emphasize its universal values a ethical

*icbu model a c global integration of the islamic financial system with active involvement a c a wide variety of financial products and a vibrant financial market growing pool of talents and resources a c effective role in promoting takaful internationally especially among islamic development bank member countries
*mifc malaysia international islamic financial centre a c to create a vibrant innovative and competitive international islamic financial services industry in malaysia supported by high calibre human talents world class infrastructure and best international standards

*food for thought food for thought how will takaful opportunities be realised driven by co operative nature of business a c concept of takaful is genuine and appealing to the masses a c more even and fair compared to traditional insurance brand and content recognition a c takaful brands are still relatively young a c islamic and takaful could have the wrong connotation a c viability of takaful operators could be questioned a c many potentially interested parties are illiterate with regards to takaful national and international plan through f
*organisation of islamic conference oic and the islamic financial services board ifsb and the islamic development bank idb

*bln muslims globally muslims seeking out halal products dedicated global takaful players utilising world class insurance skills successful global takaful with technology launch products in a month s time
*conclusion success formula est


 ''Please note, This is an auto generated summary based on sentances position in the document and other factors''
== 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 ===
28


=== Published Date ===
2016-09-17 01:18:10


== Full Document ==


[https://www.hodhood.com/en/HodHoodDocuments/IslamicFinance/Takaful/Islamic%20Insurance%20in%2021st%20Century%20by%20Ahmad%20Feizal.pdf Read the Full Document]


[[Category:Islamic Finance]]

[[Category: Takaful]]