The Chartered Insurance Institute (CII) Group is to launch its first Islamic insurance qualification with the Bahrain Institute of Banking and Finance (BIBF) in September.
The Takaful programme, which will observe Islamic law, will cover subjects such as Sharia practice, accounting standards for Takaful and structure and operations of Islamic insurance companies .
"The Takaful sector is quickly establishing itself as a key component in the industry, not just in the Middle East but throughout the world," says Lee Gladwell, director of general insurance for the CII.
The CII is aiming to have all the learning materials ready and available for UK applications by the beginning of September and successful examinees will be awarded a certificate that is recognised internationally.
The BIBF is hoping to publish the programme’s textbook in Arabic and establish a series of textbooks and training programs in the various areas of Takaful, such as Islamic accounting standards for Takaful operators.
Islamic qualification to be launched by CII
Financial Services > Income lnsurance > News
Islamic qualification to be launched by CII
Tue, 15 Apr 2008
| Income Insurance news |
|---|
| Majority of temporary workers in UK have no life assurance - Mon, 04 Apr 2011 |
| Legal and General improves its online application process for protection products - Thu, 31 Mar 2011 |
| Women are failing to safeguard their income with protection such as life insurance - Wed, 30 Mar 2011 |
| More News |
Critical Illness Cover
Protect your family should you become seriously ill or disabled.
Family Income Benefit
Protect the family income with a family income benefit quote.