The International Takaful Summit | Your Gateway to the Takaful Industry

Islamic finance and Takaful insurance products are growing worldwide in a way that is encouraging their adoption by Islamic as well as non-Islamic countries to support economic growth. Egypt introduced the first Islamic bank in 1963 and in 2003 launched the first Takaful insurance company. The increased demand and success of these products triggered the desire of the Ministry of Finance to support the International Takaful Summit and its objectives. We believe that the summit will help increase the awareness of Islamic banking and Takaful insurance principles and practices which will in turn help in the expansion of the Islamic finance and the Takaful industry in Egypt.

New - 18 December 2012
International Experts to discuss Future of Global Takaful Industry in Egypt
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Summit Programme
  Capitalising on the Potential of the Global Takaful Industry

Day One: Monday 18, February 2013 | Day Two: Tuesday 19, February 2013

Day One
  Monday 18, February 2013
8:30 - 9:00
  Arrival & Registration
9:00 - 9:10
  Opening: Recitation of the Holy Quran
9:10 - 9:20
  Welcoming Remarks
Dr Metaib Al-Rawqi

Chief Executive Officer,
Weqaya Takaful Insurance and Reinsurance Company
9:20 - 9:35
  Keynote Address
H.E Dr El-Morsy  Hegazy
Minister of Finance,
Arab Republic of Egypt
9:35 - 9:45
  Welcoming Remarks
Sirag El Hadi Qarib Allah

Secretary General,  
World Federation of Islamic Insurance & Takaful Companies
9:45 - 10:00
  Keynote Address
Abdel Raouf Kotb
Insurance Federation of Egypt
10:15 - 10:15
  Keynote Address
Dr Ashraf  Elsharkawy
Egyptian Financial Services Authority
10:15 - 10:30
  Keynote Address 20 20 Vision - The Future of Takaful in a Changing World
Dr Mohamed Maait
Deputy Minister Of Finance,
Arab Republic of Egypt
10:30- 11:05
  Future of Takaful - Panel Discussion

Moderator: M. Iqbal Asaria, Associate, Afkar Consulting


Dawood Taylor - Senior Regional Executive – Takaful, Prudential
Sameeulhaq Thanvi - Managing Director, Nile Family Takaful
Chakib Abouzaid - GTG Vice Chairman / Reinsurance & Retakaful Specialist

11:05- 11:35
  Coffee Break & Networking Session
11:35 - 13:00
  Session I: Setting up a Takaful Operation

Moderator: Dr Alberto Brugnoni, Director General, ASSAIF

  • Understanding the Ethics Behind Takaful
    Hisham Abdel Shukour
    - Managing Director, Egyptian Takaful Life

    The A-Z guide behind Setting up a New Takaful Company
    Azman Ismail
    - President, IIFIN Consulting Sdn Bhd

    Technology & Takaful Start –Up- Hare, Tortoise or Eagle (Hybrid) Strategy
    Sankalp Sughosh
    - Head of Customer Services, AETINS Sdn Bhd

    Operating in an Emerging Market – The Nile Takaful Experience
    Sameeulhaq Thanvi
    - Managing Director, Nile Family Takaful

    The Social Marketing
    Turki Bin Humaid
    , Chief Development Officer, Weqaya Takaful Insurance and Reinsurance Company
13:00 - 13:50
  Session II: Micro Takaful Solutions for Developing Nations

Moderator: Ahmed Ramadan - MD & Chief Executive Officer, Solidarity Family Takaful - Egypt

  • Micro Takaful – Developing the Potential
  • Susan Dingwall - Partner, Norton Rose LLP
  • Micro Takaful as a Stimulus for Microfinance
  • Omer Elfaroug Ahmed - Asst. MD Underwriting, Shiekan Insurance Co.

  • Utilising Technology to Access Rural Markets
    Ashraf Sabry - Chief Executive Officer, Fawry
13:50 -14:45
  Lunch & Prayers
14:45 - 15:45
  Session III: Global Regulation of Takaful

Moderator:  Dawood Taylor - Senior Regional Executive – Takaful, Prudential

  • Global Perspective of Takaful Regulation
    Vasilis Katsipis - General Manager, A.M. Best
  • Investigating the Egyptian Regulatory Framework for Takaful
    Dr Walid Hegazy - Managing Partner, Hegazy & Associates in Association with Crowell & Moring 
  • IFSB Regulations on Risk Management
    Ffion Flockhart - Partner, Norton Rose LLP
15:45 - 16:00
  Coffee Break & Networking Session
16:00 - 17:00
  Session IV: Shariah Compliant Investments & Asset

Moderator: Sheikh Bilal Khan - Shari'ah Scholar, Linklaters LLP

  • Sukuk in Takaful Investment – opportunities for 2013
    Mohammed Al Sharaf, Business Development Manager, Thomson Reuters

    Panel Discussion
    Shariah Perspective on Investment
    Tailor Made Investment Opportunities
    Converting Conventional Investments to Islamic

    Saadat Khan - Chief Executive officer, Ethical  Asset Management
    Hardeep Tamana Chief Executive Officer, Crestar
    Mohammed Al Sharaf, Business Development Manager, Thomson Reuters
  End of Day One
19:30 - 22:00

The 6th International Takaful Awards Ceremony

Day Two: Tuesday 19, February 2013

The International Takaful Summit 2013 New Frontiers will take place at the Intercontinental Citystars, Cairo, Egypt from 18th till 19th February 2013. The programme and venue may be subject to change and at the discretion of the organisers. Admittance to the Summit and related proceedings is by invitation only