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Detailed Course Information


Aug 21, 2017
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ACT 725 - Takaful Mechanism
This is an overview of conventional insurance system, sources of Shariah, Norms of Takaful - Riba, Gharar, Qimar, Maisir, Musharkah, Mudarabah, Jahala, Wakala, Waqf and Tabarru. It covers the basic elements of Takaful, its principles and types of Takaful, and the differences between Takaful and insurance.[1-0, 1 cr.].
1.000 Credit hours
1.000 Lecture hours

Levels: Graduate
Schedule Types: Lecture, Tutorial

Actuarial Science Department

Must be enrolled in one of the following Programs:     
      Executive MA in Actuarial Sci.
Must be enrolled in one of the following Levels:     
May not be enrolled in one of the following Degrees:     
      Executive MBA

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