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MicroTakaful – A tool of Financial Inclusion

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Presentation on theme: "MicroTakaful – A tool of Financial Inclusion"— Presentation transcript:

1 MicroTakaful – A tool of Financial Inclusion
Presented by: Muhammad Zubair Mughal

2 Why MicroTakaful Prohibition of Interest - Financial Inclusion.
Care for the poor is a religious obligation in Islam. Half of the 57 IDB members Africa are classed as United Nation Least Developed Countries (LDCs) Share of Micro-Takaful in Takaful Industry is less than 2%. Utilization of Zakhat. Should be treated as System - Muslims & Non- Muslims

3 Poverty Treatment in Islam
MicroTakaful Non- Poor Salam, Istisna and other products Transitory Non-Poor Qarz-e-Hasan, Murabahah, Ijarah, Mudarabah Transitory Vulnerable Transitory Poor Chronic Poor Zakat, Sadqa, Ushar Extremely Poor 3

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7 When there is a will, there is way!
What is required? When there is a will, there is way!

8 End of presentation Jazzakallah khair !


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