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Kenya’s first Takaful company licensed

Tue, 2011-01-25 13:44 — newsdesk

Takaful Insurance of Africa has been licensed and launched in Nairobi.
The company was registered by the Kenyan industry regulator, Insurance Regulator Authority, this month. It is backed by the Cooperative Insurance Company of Kenya.
The launch of Takaful Insurance of Africa follows on from the granting of two Islamic banking licenses to Kenyan authorities in 2007 to Gulf African Bank and First Community Bank.

Source: 

http://www.cpifinancial.net/v2/News.aspx?v=1&aid=7034&sec=Islamic%20Finance