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Takaful Emarat’s Shariah Advisor urges innovation ahead of forthcoming World Takaful Conference

United Arab Emirates: Tuesday, April 05 - 2011 @ 14:29

Mufti Hassan, a renowned Islamic Scholar with considerable experience in advising financial institutions around the globe on Shariah related affairs, will be a panellist at the forthcoming 6th Annual World Takaful Conference set to take place on the 10th and 11th of April 2011 at the Dusit Thani, Dubai.

The panel session entitled ‘Balancing Consistency and Innovation for the Global Takaful Industry’ will take place on the second day of the conference (April 11th, 2011) and will discuss the consistency of standards in Shariah rulings for the Takaful industry as well as provide a Shariah perspective on the development of Takaful products.

Speaking ahead of the event, Mufti Hassan said, “Much has been said about the potential for growth in the Takaful industry- however it is vital that Takaful providers continue to innovate and enhance their service offering, so as not to lag behind. Balancing this need for innovation with regulatory requirements for consistency and Shariah compliance is an issue that is currently at the forefront of the industry and which we look forward to discussing in-depth at the upcoming World Takaful Conference 2011.”

Takaful Emarat was recently announced as “Life & Health” Partner for the 6th Annual World Takaful Conference 2011. Ghassan Marrouche, General Manager, Takaful Emarat said, “With global takaful premiums predicted to grow substantially in the next five years, there is a pressing need to engage in a meaningful dialogue on the development of the industry. As “Life & Health” Partner of the World Takaful Conference 2011, we are pleased to raise awareness about the importance of life and health takaful products to the industry as a whole.”

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Tuesday, April 5- 2011 @ 14:29 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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