The International Takaful Summit offers a comprehensive programme complete with Interactive sessions, exhibitions and private functions offering a unique and in-depth look into the Takaful & Re-Takaful industry and the way forward.

icon-calendar TWO DAY PROGRAMME

The International Takaful Summit offers a flagship programme with in-depth analysis and insight about the forces driving change in the industry. It also explores the challenges and provides solutions to the most pressing Takaful issues.

The programme contains 8 – 9 sessions spread across the two day summit which includes, presentations by on average 40 of the world’s leading speakers. The programme also include panel discussions and question and answer sessions which offer an exceptional interactive platform for delegates.

icon-certificate THE INTERNATIONAL TAKAFUL MASTERCLASS

A one day programme hosted at Norton Rose Fulbright LLP – The Takaful International Masterclass offers an in depth and comprehensive look at the operational and practical issues facing practitioners. A unique insight from the leading market players will be invaluable for conventional and mutual insurers that are exploring the Takaful and Re-Takaful industry.

icon-eye ITS EXHIBITIONS

In conjunction with the two day programme The International Takaful Summit offers great exhibition platform for attendees showcasing the latest services the industry has to offer.

icon-shield THE INTERNATIONAL TAKAFUL AWARDS

The International Takaful Awards are the highlight of the summit. It is the social event of the programme where all those attending can celebrate and recognise excellence and achievement of those companies that operate within the global Takaful and Re-Takaful sector. High profile VIP guests and government officials are invited to the ceremony.

The International Takaful Summit 2016

After four decades of Takaful provision many challenges have emerged which need to be addressed. The 10^th International Takaful Summit is dedicated to critically evaluating the dominant current Takaful model.

The Summit will also look at provision of Takaful for large commercial risks. This will require a further adaptation to the present Takaful model which at present primarily caters to personal lines and some family Takaful products. We at the 10^th International Takaful Summit will continue our role as thought leaders for the global Takaful community.

This year the Summit will take place on the 23rd & 24th February 2016 in London.

About The Summit

The growth of the International Takaful industry and demand of Shariah compliant financial products has seen The International Takaful Summit grow from strength to strength, dubbed by delegates and sponsors alike as “The Takaful event of the Year”. The summit is now in its tenth year and receives invitations from numerous countries to host the event, which on average attracts over 350 – 400 international delegates. What is unique to other commercial events is that this summit is created for the industry with the considerable support of the industry. The event is by invitation only and unlike other events the summit is free of charge to attend as it is fully subsidised by the hosting organisations and supporting sponsors.

ITS Delegates

In an industry filled with conferences, summits and workshops on Islamic finance, there is a keen need for outstanding events of excellent calibre that draw new institutions as well as industry stalwarts together. ITS takes great pride in achieving this through targeted delegate invitations and supremely focused events organised by a team of industry researchers.

The Summit has so far seen over 3,600 International delegates participate from over 30 countries. Our delegates are top decision makers, Chairmen, Board Members, CEO’s, Presidents, Executive Directors, Vice President and other Senior Executives.

Industry participation also benefits from a dynamic platform ranging from government institutions, leading Takaful & Retakaful organisations, legal and academic delegates.

Event History

2007 – 2012 – London

The inaugural International Takaful Summit took place in London and has since grown tremendously with prominent support from leading financial institutions and government bodies. The London summits were held with the support of The Corporation of London, Institute of Banking and Finance in Malaysia and The Chartered Institute of Insurers. The summit was held successfully in an increasingly difficult financial climate and the final edition, the 6^th International Takaful Summit titled ‘Takaful and Re-Takaful – Planning to Overcome the Emerging Challenges to Growth’, was held in July 2012 and sought to highlight the issues that continued to arise owing to the relative infancy of the industry against a backdrop of a challenging global financial environment.

Alderman John Stuttard, Lord Mayor of City of London “There are many Takaful events around the world but this is The International Takaful Summit”.

The 6^th International Takaful Summit concluded on the eve of 12 July with a VIP dinner for sponsors, speakers and honoured guests at The Chartered Institute of Insurance and was unanimously heralded as the most successful in the series, with attendees exceeding 450 guests and feedback being extremely positive. Susan Dingwall, Partner at Norton Rose commented ‘This event has gone from a date on the Takaful calendar to a “must go” event. It is the representation from a wide geographical spread and the quality of content which has resulted in this conference being the “best attended” Takaful event on the circuit’.

2013 – Cairo

In 2013 ITS was held outside of London for the first time and was hosted in Cairo by the Ministry of Finance in Egypt and in association with The Egyptian Insurance Federation. The 7^th edition of this series entitled ‘Capitalising on the Potential of the Global Takaful Industry’ was set to look at the numerous global opportunities for growth in existing markets as well as the potential proliferation in new territories.

The Takaful industry had been afforded an unprecedented opportunity to capitalise on a global wave of change. The latent demand for Islamic finance products in countries affected by the Arab Spring bode well for the proliferation of Takaful as did the appetite for such products in non-Muslim countries with large Muslim populations. The agenda for the event focused on the emerging markets of Africa and focused on the strategies required to enable Takaful to compete with their conventional insurance counterparts in the Middle East and Malaysian markets.

2014 – Abu Dhabi

In 2014 The Summit took place in Abu Dhabi and was hosted by The Emirates Insurance Association, Bahrain Association of Banks & The International Federation of Takaful & Islamic Insurance Companies. Entitled ‘Enhancing the Takaful Proposition’ the discussion centred on the overall performance of Takaful in Africa and the MENA region, looking closely at both the strengths and weaknesses of the industry and way forward.

Key topics addressed were Challenges for Takaful Operations in the UAE, Making Bancatakaful Work in Saudi Arabia, the Growth of Family Takaful in Malaysia, The Increasing Focus on Risk Management for Takaful Operators, thoughts on Filling the Gaps in Re-Takaful Provision and Reflections on the Bahrain Takaful / Re-Takaful Market.

2015 – London

The most recent Summit took place in London in Cooperation with The CityUK, Malaysian Takaful Association and the International Federation of Takaful & Islamic Insurance Companies (IFTI). Supporters also included the International Cooperative and Mutual Insurance Federation (ICMIF). The 9^th International Takaful Summit is dedicated to critically evaluating the dominant current Takaful model. Entitled: “ReThinking The Takaful Model: A New Approach for the Retakaful Industry”, the summit addressed critical issues facing the industry and the way forward.