Bancatakaful Certification

Course Overview

The IFMP Bancatakaful Certification covers the concepts of structure and management, regulatory framework and ethics, associated risks, governing laws, types and mechanism, documentation and selling of Takaful products through banks. This course is primarily aimed towards sales staff of bank selling / distributing Takaful Products.

Target Audience

This Exam will be mandated for sale staff of banks selling/ distributing Takaful Products through Banking Channel.

Assessment Structure

  • This will be a 150 minutes examination of 100 Multiple Choice Questions (MCQs).
  • All questions will carry equal marks.
  • There will be no negative marking.

Awarding Body

This certification is awarded by the Institute of Financial Markets of Pakistan (IFMP).

Learning Objectives

The objective of this course is to equip the trainee with the knowledge and skills which enables them to distribute/sell takaful products efficiently and effectively.

Download Course Brochure

Module 1: Course Overview

Learning Outcomes

Module 2: Introduction to Takaful Industry and Bancatakful

What is Takaful? Shariah Mechanism of Takaful

Shariah Elements/Principles in Takaful

Comparison of Takaful vs. Conventional Insurance

BancaTakaful

Module 3: Sharia Elements, Takaful Models, Types and Structures

Module 4: Family Takaful Products and Risk Management

Module 5: Identification of Clients’ Insurance Needs

Module 6: Ethics and Regulatory Framework

Price: $350

This Course includes:

   Text-based content

   8 Weeks