11-12-2005, 11:03 PM
For your information...right now I'm not working in
either Traditional or Takaful insurance (My current
job is unrelated to any Actuarial work).
But whenever I'll start working in Actuarial field
(after passing appropriate number of exams that i'm
aiming for myself), I <u>WON'T</u> limit myself only to
Islamic Insurance or Takaful since its in very early
stages in Pakistan and one shouldn't expect it to happen
in a blink of eye OR by rubbing an Aladin's chirag or
something.
Whenever Takaful will start in Pakistan, the key role
players will be the Muslim Actuaries working in traditional
actuarial fields who have enough qualifications & expertise
to understand the difference b/w traditional v.s Takaful business
& have resources to modify the traditional system into
Islamic one.
Without qualifications, expertise & resources one
shouldn't expect any muslim Actuarial student to be
of any meaningful help in this regard. After all, we
don't have any "Islamic Actuarial exam track" in place
for such students & any Actuary willing to work in Islamic
insurance must also have to qualify via traditional
Actuarial exams.
Therefore, I (Or anyone else) <u>DON'T</u> have to limit their
initial career choices to only Islamic insurance & <u>DON'T</u>
have to wait until any such opportunity arises. There
are better chances if we start our Actuarial careers in
traditional system to gain knowlege, expertise & can then
use our resources to promote islamic insurance products.
There are examples already setforth in this regard
Mr.Abdul Rahim, FSA of SHMA.
Most of the above had already been mentioned by me in
one of my previous posts above, YET AGAIN...I feel that
you don't read responses carefully enough for answers
of your current & potential questions??
But anyway, Hope thats what you were looking for in your
question.
either Traditional or Takaful insurance (My current
job is unrelated to any Actuarial work).
But whenever I'll start working in Actuarial field
(after passing appropriate number of exams that i'm
aiming for myself), I <u>WON'T</u> limit myself only to
Islamic Insurance or Takaful since its in very early
stages in Pakistan and one shouldn't expect it to happen
in a blink of eye OR by rubbing an Aladin's chirag or
something.
Whenever Takaful will start in Pakistan, the key role
players will be the Muslim Actuaries working in traditional
actuarial fields who have enough qualifications & expertise
to understand the difference b/w traditional v.s Takaful business
& have resources to modify the traditional system into
Islamic one.
Without qualifications, expertise & resources one
shouldn't expect any muslim Actuarial student to be
of any meaningful help in this regard. After all, we
don't have any "Islamic Actuarial exam track" in place
for such students & any Actuary willing to work in Islamic
insurance must also have to qualify via traditional
Actuarial exams.
Therefore, I (Or anyone else) <u>DON'T</u> have to limit their
initial career choices to only Islamic insurance & <u>DON'T</u>
have to wait until any such opportunity arises. There
are better chances if we start our Actuarial careers in
traditional system to gain knowlege, expertise & can then
use our resources to promote islamic insurance products.
There are examples already setforth in this regard
Mr.Abdul Rahim, FSA of SHMA.
Most of the above had already been mentioned by me in
one of my previous posts above, YET AGAIN...I feel that
you don't read responses carefully enough for answers
of your current & potential questions??
But anyway, Hope thats what you were looking for in your
question.
