Firstly, ask yourself these questions:
Insurance or Takaful? What are the differences? How are they different?
Insurance and Takaful share a common goal; to mitigate risk. The action of embracing into Takaful or Insurance is to manage various risks exist in our everyday lives.
We believe in taking chances but often we don’t know if it’s worth the risk. We believe though, the higher the risk, the higher will be the reward. Sometimes taking risks can excite us and will get the adrenaline pumping, and this can be a reward in itself.
Thus, risk management is very important and here comes Takaful or Insurance into the picture. There are various strategies to manage threats include transfer, avoid, and reduce. In the modern era, Insurance and Takaful are often associated with risk management but few know the differences. So here we are to help you! In this course, you'll learn about Takaful and Insurance, their concepts and operations.
Catch you soon!!
This course will expose the students to the various Takaful business models. It consists of 5 awesome parts:
Part 1: What are Risks?
Part 2: Shari’ah Principles and Practices Underlying Takaful
Part 3: Categories and Models of Takaful
Part 4: Takaful Products and Practices
Part 5: Evaluating Takaful Plan
At the end of this course, you should be able to:
So, what are you waiting for? Come and join our community. Be interactive, share knowledge, and make new friends together here! :)