Global Takaful Forum 2019

1. “Takaful is new Destination for Sustainable Financial World” TWO DAYS POST EVENT WORKSHOPS: One Day Workshop on ‘’Operational Aspects of Takaful, Micro Takaful, Re Takaful One Day Specialized Training workshop on ‘’Takaful for Regulators’’ August 27 -28, 2019 at Istanbul Turkey Organized By Multilateral Partner The Islamic Corporation for the Development of the Private Sector CIBE - UAE

2. Towards the pursuance of our goal to promote Islamic Banking and Finance all over the globe, AlHuda Centre of Islamic Banking and Economics is working diligently since its existence 14years ago. AlHuda CIBE has been acknowledged as a distinguished service provider due to our notable services, team of dedicated professionals and one stop solutions of Islamic Banking and Finance. Our aim is to provide state-of-the-art services of Islamic banking and finance. We are proud to be prominent for our Advisory and consultancy, research and development, education and capacity building, Shariah advisory, publication and events all over the world. AlHuda CIBE is supported by many national and international organizations and institutions as Strategic Partners support and our Alumni have spread over 70countries. We are proud to stand among world's largest presences for capacity building, trainings, consultancy and other services. More details are available at: www.alhudacibe.com Takaful consultancy wing of AlHuda CIBE offers expert services of Consultancy, Advisory, Training, Capacity Building, Research and Shari’ah compliant product development for the Insurance Industry to ensure ready availability of Takaful (Islamic Insurance) products and services with prudent practices around the Globe.

3. Organized By Multilateral Partner The Islamic Corporation for the Development of the Private Sector CIBE - UAE According to Islamic Finance Development Report 2018 total assets of Takaful and re-Takaful are USD 46 billion which is only 2% of total Islamic finance industry with total 324 Takaful operators in 47 countries. The growth of Takaful industry assets has positive trend which is shown in the figure below. Although Takaful contribution is very less but has great potential to grow as huge number of population is untapped yet. Not only Muslim population is the target market but non-Muslims as well as interest based activities are not permitted in other religions. Moreover, interest free economy is more stable and effective than that of interest based. Premium wise Takāful industry is growing around at the rate of 19%. Major shares i.e. more than 62% contributed by the Middle Eastern economies. Among the Middle East countries Kingdom of Saudi Arabia is the major contributor in Takāful industry. With the expanding demographics of Islamic countries and that of the Islamic population globally, the prospect of Takāful looks promising. The Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) has been playing a key role in framing and reviewing the regulatory standards governing Takāful companies. With improved standards of living and increasing awareness of Takaful, the market is expected to see steady growth in per capita spend on Takaful premiums and also in terms of market share in comparison with conventional insurance. “Takaful is new Destination for Sustainable Financial World”

4. Organized By Multilateral Partner The Islamic Corporation for the Development of the Private Sector CIBE - UAE • Financial Consultants and Advisors • Economists and Policy Makers • Stock Brokers and Shareholders • Philanthropist and Investors • Shari’ah Scholars and Experts • Academia and Researchers “Takaful is new Destination for Sustainable Financial World”

5. Organized By Multilateral Partner The Islamic Corporation for the Development of the Private Sector CIBE - UAE “Takaful is new Destination for Sustainable Financial World”

6. Organized By Multilateral Partner The Islamic Corporation for the Development of the Private Sector CIBE - UAE • Assessing the future prospects for Takaful: Development of Takaful Industry Globally • Challenges and Opportunities for Takaful Industry • Different Takaful Models and Their harmony with existing insurance practices • Aligning product development with market needs to improve penetration: customer centric solution vs product push • Enabling environment to create legal and regulatory environment for the development of Takaful industry • Building a global Takaful brand and the need for the emergence of regional Takaful operators to lead the way to the next level • Micro-Takaful, an ideal tool for poverty alleviation and social development • Re-Takaful and its Developments • Use of technology for the better outreach of Takaful products • Banca-Takaful: The distribution delivery channel • Global Takaful success stories and case studies “Takaful is new Destination for Sustainable Financial World”

7. Organized By Multilateral Partner The Islamic Corporation for the Development of the Private Sector CIBE - UAE Day 1: Operational aspects of Takaful, re-Takaful and Micro-Takaful Day 2: Takaful for Regulators Snapshot of Takaful Industry ? Historical Background of Takaful ? Global Standing of Takaful Industry ? Takaful in Dual (Islamic & Conventional) Financial System Introduction & Historical Background of Takaful ? Definition & Fundamental Principles ? Difference in concept & contract ? Reference in first constitution of Madina Overview of Takaful Industry ? Evolution and Global Standing of Takaful Industry ? Shariah Principles in Takaful Business ? A Forward Plan’ for a New Takaful Landscape ? Potential Areas and Developments Takaful Models ? The Mudaraba Model ? The Wakala Model ? The Waqf-Wakala Model ? Investment Models Takaful Models ? The Mudaraba Model ? The Wakala Model ? The WaqafWakala Model ? Investment Models Fundamentals for Sound Takaful Development ? Facilitative Legal Framework ? Robust Shariah Governance Structure ? Institutional Capacity Enhancement Regulatory and Supervisory Framework ? Shariah Governance& Operational Framework ? Risk management and internal controls ? Prudential ? Reporting, Market Conduct & Market Protection Micro-Takaful ? Micro-Takaful and its Potential ? Micro-Takaful towards poverty alleviation ? Micro-Takaful products Re-Takaful ? Re-Takaful and its Background ? Current Key Players re-Takaful Industry ? Re-Takaful Potential ? Constraints and Issues Accounting Treatment and Standards of Takaful and Re-Takaful Business ? Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) ? Islamic Financial Services Board (IFSB) ? Basel Components and Takaful Industry Digitalization and FinTech, Reg Tech and Insure/(Tak) Tech ? Future Prospects ? Fintech regulation in emerging markets Regulations for Takaful Brokers and Banca-Takaful “Takaful is new Destination for Sustainable Financial World”

8. Organized By Multilateral Partner The Islamic Corporation for the Development of the Private Sector CIBE - UAE “Takaful is new Destination for Sustainable Financial World”

9. Organized By Multilateral Partner The Islamic Corporation for the Development of the Private Sector CIBE - UAE Please complete and return by e-mail, regular mail or fax. Please note that the name and title you give here will be printed on certificates. Sponsorship Information Title: Prof. Dr. Mr. Ms. Mrs. Other Full Name: Designation Organization: Address: Postal/Zip code: City Country Telephone: Cell Fax Email (Official) Email (Personal) Conference Fee Conference fee include admission to conference sessions, tea/coffee, lunch, registration materials and Certificate. Event Name Participants Fee Global Takaful Forum 2019 (August 26, 2019 at Istanbul, Turkey) 395 USD (1 Day) Post event workshop on Operational Aspects of Takaful, Micro Takaful and Re Takaful (August 27, 2019 at Istanbul, Turkey) 450 USD (1 Day) One Day Specialized Post Event workshop on ‘’Takaful for Regulators’’ ( August28, 2019 at Istanbul, Turkey) 450 USD (1Day) Account details form payment You can proceed your payment by cheque or demand draft in favour of AlHuda CIBE FZ LLE or you can also transfer online/wire transfer. Banks details is as under: Bank Name: Account Title: AED A/C No: IBAN : Swift Code: ** Please state the conference name and the full name of the participant on the reverse of the chaque. Emirates Islamic Bank, Dubai, U.A.E ALHUDA CIBE FZ LLE 370 - 73859877- 01 AE59 0340 0037 0738 5987 701 MEBLAEAD Discount Policy Five or more delegates from the same organization - 20% discount Early Bird Discount till 30 days before the event - 20% Discount From the above only one discount option can be availed at a time Additional Instructions Payment Information Registration forms must be accompanied by full payment in order to be processed. Full payment is due on registration. Registration will not be confirmed until full payment has received. Cancellation Policy AlHuda CIBE do not have any cancellation policy once registration finalized, meanwhile, alternative can be nominated. Return address: AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building) P.O. Box. 120867, Dubai - U.A.E Ph: +971 56 928 6664 By sending in this registration form, I acknowledge that I commit myself to the immediate payment of the full workshop fee. I have taken notice of the cancellation terms on this form. E-mail: info@alhudacibe.com Web: www.alhudacibe.com Signature: ____________________________ Date: ___________

10. QUALITY PRODUCTS All our services meet the required standards and offer you competitive pricing and strict regulatory compliance. STRICT SHARIAH COMPLIANCE Our services are carefully designed for strict adherence of the principles of Shariah. Every product, we offer is reviewed, approved, and overseen by highly respected and independent Shariah scholars. SERVICES EXCELLENCE We are committed to the highest level of professionalism and strive to be respectful, responsive and reliable. CENTRE OF ISLAMIC BANKING AND ECONOMICS AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building) P.O.Box. 120867, Dubai - U.A.E Ph: +971 56 929 6664, Fax: +92 42 3529 0453 E-mail: info@alhudacibe.com Web: www.alhudacibe.com