TAKAFUL and MUTUALITY

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TAKAFUL and MUTUALITY
Dr. Mohd. Masum Billah 6 019-3699542 / 6
016-6118750 masum2001_at_yahoo.com /
masum_at_applied_islamicfinance.com http//www.applie
d-islamicfinance.com
ICMIF Takaful Network Forum Prince Hotel,
KL June 16-17, 2008
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• TAKAFUL ?
• MUTUALITY ?

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Mutuality In Concept

• Caring
• Sharing
• Concern
• Respect
• Brotherhood
• Solidarity
• Cooperation
• Oppose
• Gaining at the Expense of Others

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Mutuality In Principles

• Fair Consideration of
  and
• Applicable to
• ALL
• Regardless of
• Status, Religion, Sex,
  Race Nationality

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• MUTUALITY In
• PRODUCT INNOVATION
• Mortality Rate
• vs
• Humanitarian Concern

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MUTUALITY IN CORPORATION
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MUTUALITY IN MANAGEMENT
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MUTUALITY IN Interfaith Application
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MUTUALITY IN SHARING BENEFITS
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MUTUALITY IN DISTRIBUTION
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MUTUALITY IN Globalization
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FINAL SUBMISSION
TAKAFUL ? A Divine
Mechanism With Mutual Concern Cooperation In
ALL Levels of Its Application Oppose To Any
Gain At The Expense Of Others