Introduction

The IFMP General Takaful Agents Certification Exam covers the concepts of elements, structures, models, ethics, documentation, claims and selling of Takaful products. This course is mandatory for sales staff of General Takaful Companies and banks selling/ distributing General Takaful products.

Objective of the Examination

The objective of this course is to equip the trainee with the knowledge and skills which enables them to perform as a Takaful Agent efficiently and effectively.

Target Audience

This Exam will be mandated for sales staff of General Takaful Companies and banks selling/ distributing General Takaful products.

Syllabus Structure

The unit is divided into elements. These are broken down into a series of learning objectives. Each learning objective begins with one of the following prefixes: know, understand, be able to calculate and also be able to apply. These words indicate the different levels of skill to be tested. Learning objectives prefixed:

  • know require the candidate to recall information such as facts, rules and principles
  • Understand require the candidate to demonstrate comprehension of an issue, fact, rule or principle.
  • Be able to calculate require the candidate to be able to use formulae to perform calculations.
  • Be able to apply require the candidate to be able to apply their knowledge to a given set of circumstances in order to present a clear and detailed explanation of a situation, rule or principle.

Examination Specification

Each examination paper is constructed from a specification that determines the weightings that will be given to each element. The specification is given below.

It is important to note that the numbers quoted may vary slightly from examination to examination as there is some flexibility to ensure that each examination has a consistent level of difficulty. However, the number of questions tested in each element will not change by more than plus or minus 2. This comprises of 100 multiple choice questions.

Element No.ElementsQuestions
1Introduction to Islamic Economics and Finance10
2Introduction to Takaful (Islamic Insurance)10
3Sharia Elements and Principles in Takaful10
4Takaful Models, Types and Structures10
5General Takaful Products & Risk Management in Islam10
6Takaful Operator/Company: Structure and Aspects10
7Regulatory Framework, Ethics and Contractual Provisions10
8Documentation, Underwriting and Claims10
9Takaful Selling: Career, Processes and Personal Grooming20
Total100

Assessment Structure

  • This will be a two-hour examination of 100 Multiple Choice Questions (MCQs).
  • All questions will carry equal marks.
  • There will be no negative marking.

Summary Syllabus

To download the summary syllabus of Life Insurance Agent's Foundation Course, please click here.