SYLLABUS
FACULTY ECONOMIC AND BUSINESS
INTERNATIONAL PROGRAM FOR ISLAMIC ECONOMICS AND FINANCE (IPIEF)
1 Name of Course / Module Practical Application of Takaful and Re-Takaful
2 Course Code IPE 19232
3 Credit Value 1
4 Objective The course aims to introduce students of the practical application of Takaful and Re-Takaful in the industry.
5 Learning Outcomes Understanding the practical application of Takaful and Re-Takaful.
6 Synopsis
This course contents, such as:
1. Shariah Split Fund Theory 2. Case study
3. Observation and Analysis of Business Model Takaful and Re-Takaful
7 References
1. Adnan Malik & Karim Ullah. (2019). Introduction to Takaful: Theory and Practice.
2. ISRA. (2015). Islamic Financial System: Principles and Operations.
3. Mohd Ma'sum Billah. (2019). Islamic Insurance Products: Exploring Takaful Principles, Instruments and Structures.
4. John Wiley & Sons (Editorial). (2009). Takaful Islamic Insurance:
Concepts and Regulatory Issues.
5. Novi Puspitasari. (2015) Manajamen Asuransi Syariah.
6. James Cadle, Debra Paul and Paul Turner. (2014). Business Analysis Techniques: 99 essential tools for success.
8 Lecturer Ahmad Dzakirin, S.E.I., M.B.A.
9 Correspondence
IPIEF Room, Postgraduate building.
Universitas Muhammadiyah Yogyakarta E-mail: [email protected]
Telp: +628128301235 10 Consultation time By Appointment
11 Academic Evaluation
Assessment for this module are:
1. Total assignment and discussion at 25%
2. Paper of Case study at 25%
3. Mid competency test at 25%
4. Final competency test at 25%
Rules of class meeting:
1. A class will be managed by class leader, consists of a class leader and its deputy. They are selected democratically according to class members’ aggrement. The class leaders will get additional appreciation in terms of marks for respectively 10% and 7.5% out of normal marking arrangement above. Practically, they are responsible for several tasks:
a. Ensuring class attendance and venue b. Ensuring class assignment timely collected
c. Intermediating communicating between lecturer and students d. Assisting other related tasks concerning class if deemed necessary
2. Students are allowed to join class for tolerated maximum 15 minutes for late attendance;
otherwise, they are forbidden entering class.
3. Students who are absence due to getting sick and organizational activities must inform to the lecturer and class leader 2 hours before the class begin.
4. Strictly to join in every meeting, presentation, visiting scholar/ guest star and assignment.
The Course Outline
Meeting Topics References
1 (04/Feb/2020)
Learning Agreement
Adnan Malik & Karim Ullah. (2019).
Introduction to Takaful: Theory and Practice.
2 (11/Feb/2020)
Case Life & Car Insurance
3 (18/Feb/2020)
Case risk pooling (Life Insurance) 4
(25/Feb/2020)
Calculating Insurance profit 5
(03/Mar/2020)
Shariah Split Fund Theory Novi Puspitasari. (2015) Manajamen Asuransi Syariah.
6 (10/Mar/2020)
Case Wakalah Model Adnan Malik & Karim Ullah. (2019).
Introduction to Takaful: Theory and Practice.
Adnan Malik & Karim Ullah. (2019).
Introduction to Takaful: Theory and Practice.
7 (17/Mar/2020)
Case Wakalah Mudharabah Model
8 Mid Competency Test (24/Mar/2020)
9 (31/Mar/2020)
A brief of field observation and analysis of Takaful Business Operations
James Cadle, Debra Paul and Paul Turner.
(2014). Business Analysis Techniques: 99 essential tools for success.
10 (07/Apr/2020)
Observation and Analysis of Takaful Business Operations
Course notes 11
(14/Apr/2020)
Case Study 12
(21/Apr/2020)
Observation and Analysis of Takaful Business Operations
13 (28/Apr/2020)
Case Study 14
(05/May/2020)
Observation and Analysis of Takaful Business Operations
15 (12/May/2020)
Case Study
16 Final Competency Test
