• Specialist examination competencies - Takaful


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    Description of role

    Responsible for examining Takaful business and ensuring production of comprehensive, timely, accurate and well-formatted reports.     

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    Core technical skills

    • Understanding of Takaful operations and business models, products and trends
    • Understanding of the risks underlying Takaful and Re-Takaful structures
    • Understanding accounting and financial reporting requirements of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)
    • Deep knowledge of standards of Islamic Financial Services Board (IFSB) standards regarding regulations and supervision
    • Ability to perform detailed financial analysis
      • Understanding of risk models, valuations, etc.
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    Qualification and/ or certification

    • QFSQF Level 3
    • Relevant experience