Takaful and Mutuality by Mohd. Masua Billah

TAKAFUL and MUTUALITY

        Dr. Mohd. Ma’sum Billah

        + 6 019-3699542 / + 6 016-6118750

masum2001@yahoo.com / masum@applied_islamicfinance.com

       http//:www.applied-islamicfinance.com

      ICMIF Takaful Network Forum

                   Prince Hotel, KL

               June 16-17, 2008

TAKAFUL ?

MUTUALITY ?

Mutuality In

            Concept ……

 Caring

 Sharing

 Concern

 Respect

 Brotherhood

 Solidarity

 Cooperation

               Oppose…

   Gaining at the Expense of Others

Mutuality In

        Principles……

 Fair Consideration of

 and

 Applicable to

              ALL

             Regardless of

       Status, Religion, Sex,

         Race & Nationality

MUTUALITY In

PRODUCT INNOVATION

    Mortality Rate

          vs

 Humanitarian Concern

MUTUALITY

   IN

CORPORATION

MUTUALITY

   IN

MANAGEMENT

MUTUALITY

   IN

Interfaith

Application

MUTUALITY

   IN

SHARING

BENEFITS

MUTUALITY

    IN

DISTRIBUTION

MUTUALITY

    IN

Globalization

   FINAL SUBMISSION

          TAKAFUL ?

 A Divine Mechanism With Mutual

      Concern & Cooperation

  In ALL Levels of Its Application

           Oppose To

Any Gain At The Expense Of Others