|1.||NAME OF COURSE / MODULE||PRINCIPLES AND PRACTICES OF TAKAFUL|
|3.||NAME(S) OF ACADEMIC STAFF|
|4.||RATIONALE FOR THE INCLUSION OF THE COURSE/MODULE IN THE PROGRAMME||This course is developed as an exposure for students to Takaful industry. In addition, this course provides a platform of understanding and practical activities (skills) that are applied in the Takaful business. As a results, student will be exposed
to the actual procedure, problem solving and decision making decision in Takaful business.
|5.||SEMESTER & YEAR OFFERED||Semester 6 / Year 3|
|6.||TOTAL STUDENT LEARNING TIME (SLT)||Face to face:
L=lecture ; T=Tutorial; P=Practical; O=Others (Exam)
|Total Guided and Independent Learning:
|7.||CREDIT VALUE||120/40 = 3.00 (3 credit); 2+2|
|8.||PREREQUISITE (IF ANY)||NIL|
|9.||OBJECTIVES||1. To provide student with basic overview, key concepts and theories of takaful.
2. To identify the takaful business models and products.
|10.||LEARNING OUTCOMES||At the end of the course, learners will be able to:
1. Explain the basic theories and principles of Takaful. (LO1-C2)
2. Collaborate with team members to identify the takaful business models and products. (LO5-TS3; LO8-ES1)
3. Verbally communicate with peers and lecturer on the project assignment. (LO4-CS3)
|11.||TRANSFERABLE SKILLS||Student should be able to develop a good understanding of background of principle of takaful, its operation and related aspects to takaful industry through a process of lectures, tutorial and group assignment.|
|12.||TEACHING-LEARNING AND ASSESSMENT STRATEGY||Teaching-learning strategy:
|13.||SYNOPSIS||This course exposed the students to the current practice of Takaful industry. In addition, this course provides a platform of understanding and practical activities (skills) that are applied in the takaful business. As a results, student will be exposed to the actual procedure, problem solving and decision making decision in takaful business.|
|14.||MODE OF DELIVERY||Lectures and tutorial (SCL)|
|15.||ASSESSMENT METHODS AND TYPES||
|16.||CONTENT OUTLINE OF THE COURSE/MODULE AND SLT PER TOPIC||
1. Alhabshi, Syed Othman, Sharif, Kamaruddin, Razak, Shaikh Hamzah Abdul, & Ismail, Ezamshah. (2012). Takaful: Realities & Challenges. Kuala Lumpur: INCEIF.
1. Asyraf Wajdi Dusuki, & Nurdianawati Irwani Abdullah. (2009). Takaful: Philosophy, Legitimacy and Operation. In Humayon A. Dar & Umar F. Moghul (Eds.), The Chancellor Guide to the Legal and Shari’a Aspects of Islamic Finance (pp. 285-312). London: Chancellor Publications Limited.
2. Engku Rabiah Adawiah Engku Ali, & Odierno, Hassan Scott P. (2008). Essential Guide to Takaful (Islamic Insurance). Kuala Lumpur: CERT Publications.
3. Mohd Ma’sum Billah. 2001. Principles and Practices of Takaful and Insurance Compared. First Edition. IIUM Press
4. Mohd. Ma’sum Billah. (2003). Islamic and Modern Insurance. Petaling Jaya: Ilmiah Publishers.
5. Manual of Principles and Practices of Takaful & Re-Takaful. Department of Business Administration, Kuliah Economics &Management Sciences. IIUM.
6. BIMB Institute of Research and Training Sdn. Bhd. 1996. Takaful (Islamic Insurance) Concept & Operational System: From The Practitioner’s Perspective. BIRT