AlHuda Centre to provide knowledge on Takaful for financial inclusion

by | February 15, 2018 12:14 am

AlHuda Centre of Islamic Banking and Economics has announced African Takaful Forum on this March Abuja, which targets to provide knowledge and benefits of Takaful industry to the relevant market. The platform will help analyze the problems hindering rapid development of Takaful in Nigeria that would surely help increase financial inclusion.

The programme will be supported by the National Insurance Commission, industry regulator in Nigeria.

It will be the ideal opportunity for international collaborations/partnerships with Takaful industry that will attract international investors in the country.

Muhammad Zubair Mughal, CEO, AlHuda Centre of Islamic Banking and Economics (CIBE) said that he is expecting tremendous audience from not only Nigeria but also from the neighbouring countries. He is delighted to invite highly distinguished speakers and policy advisors to bring forth exceptionally handful of ideas to implement Takaful as a substitute to conventional insurance for the poverty alleviation of the under developing countries.

He further added that he would love to welcome all African insurance industry including commissions, regulators, central banks, banking sectors, Takaful, composite, general, life, re-takaful, reinsurance, brokers and actuaries to come up in order to pass a resolution for the sake of the inhabitants of the African countries. Level of delegates are highly distinguished board of directors, presidents, governors of central banks, associations, regulators, CEOs, commissioners, CFOs, secretary generals, managers, technical advisors, consultants, insurance professionals and students.

Mughal further expect the African industry players to play their role in the development of Takaful industry in African region especially in Nigeria, stating that Takaful is one solution to  poverty of the region. We are quite hopeful that more companies would join hands with us as there would be ample marketing opportunities during the event. The Takaful industry is an emerging trend in the country and there is a great room for numerous Takaful, re-takaful, actuaries, brokers and IT solution providers and many others to explore the untapped market under one umbrella.

AlHuda Center of Islamic Banking & Economics (CIBE) is working dedicatedly for the promotion of Islamic banking, finance and Islamic microfinance by offering Trainings, Awareness Workshops, Product Development, Advisory, and Consultancy.

Takaful Consultancy Wing is a dedicated department to ensure ready availability of Takaful (Islamic Insurance) products and services with prudent practices around the globe.