Sharia'h compliant insurance products will now be available in the market with the entry of Takaful Insurance of Africa.
In a speech read on his behalf by Tourism Minister, ccc, Vice President Kalonzo Musyoka noted that Takaful encourages policyholders to cooperate among themselves for their common good, pay subscription to help the needy, spread liabilities and losses according to community pooling system besides eliminating uncertainties in respect to subscription compensation among others.