Takaful Risk Mitigation in Islam College of Business Management April 6, 2019

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  • Takaful Risk Mitigation in Islam College of Business Management April 6, 2019

To celebrate Insurance Day, Pakistan Insurance Institute (PII) organized a seminar on 6th April for students of Business Management and Actuarial Sciences in collaboration with Department of Accounts and Finance, Institute of Business Management.

Mufti Zeeshan Abdul Aziz, Shariah Ad visor and Faculty member PII delivered a presentation on “Takaful- Risk Mitigation in Islam”, to enrich the knowledge and understanding of Takaful, its historical roots, evolution, modern models and position of Takaful in global insurance industry. The difference between conventional insurance and Takaful, the Shariah compliant form of insurance was clearly explained with examples including Shariah principles and salient operational aspects. It was an informative and interesting presentation for the students.

This was followed by Student Presentations on the topic “Insurance Industry Today and Why I Would Choose Insurance As a Career?”

The students spoke well focusing on skill based jobs, sustainability, teamwork, diversity and opportunities for career advancement as reasons for opting for a career in this field. After listening to  the presentations, some of the students expressed interest in choosing insurance as a career.

The participating students were awarded certificates from PII.