Learn­ing Stan­dards for the Taka­ful In­dus­try: A Quick Ref­er­ence Guide

A Quick Ref­er­ence Guide THE LAUNCH­ING OF FAA LEARN­ING STAN­DARDS (FLS) FOR TAKA­FUL MARKS A SIG­NIF­I­CANT MILE­STONE IN THE AT­TEMPT TO FUR­THER PRO­FES­SION­ALISE THE PRO­FES­SION AND TO STRENGTHEN THE HU­MAN BASE OF THIS SEC­TOR.

Insurance - - CONTENTS - Text Con­trib­uted by Fi­nance Ac­cred­i­ta­tion Agency (FAA)

De­vel­oped by Fi­nance Ac­cred­i­ta­tion Agency (FAA) as a re­sult of ex­ten­sive re­search and based on in­dus­try best prac­tices, the FLS de­scribes a set of ex­pec­ta­tions for train­ing providers and Taka­ful prac­ti­tion­ers in terms of ef­fec­tive pro­fes­sional learn­ing. The FLS guides the learn­ing, fa­cil­i­ta­tion, im­ple­men­ta­tion and eval­u­a­tion/ac­cred­i­ta­tion of pro­fes­sional learn­ing. As such, it brings tan­gi­ble ben­e­fits to Taka­ful op­er­a­tors in terms of strength­en­ing the hu­man cap­i­tal base. The de­vel­op­ment of FLS for Taka­ful is viewed as timely amidst the re­silient growth of this sec­tor which con­tin­u­ously calls for skilled tal­ent to sus­tain its evolve­ment. The in­creas­ing strain on get­ting Taka­ful pro­fes­sion­als with the req­ui­site qual­i­fi­ca­tions has been widely ac­knowl­edged. Hence, the com­pe­ti­tion for top per­form­ing Taka­ful tal­ents re­mains strong. This sug­gests the need for Taka­ful op­er­a­tors to re­assess their tal­ent pool and adopt new learn­ing and de­vel­op­ment strate­gies not only to sus­tain but to at­tract skilled tal­ents to this sec­tor.

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