Ethical Risk Management Solution of the Year – Kenya 2024
Takaful Insurance of Africa Ltd (TIA) is a pioneering and dynamic insurance company committed to offering ethical and innovative financial products. Licensed in 2011, TIA operates with a steadfast dedication to shari’ah principles, ensuring that all operations adhere to the highest standards of transparency, integrity, and accountability. The company is dual-regulated by the Shari’ah Supervisory Council and the Insurance Regulatory Authority (IRA), ensuring robust governance across all activities. Driven by the mission to provide innovative, shari’ah-compliant risk management, savings, and investment solutions, TIA aims to deliver exceptional value to its stakeholders while ensuring financial security and peace of mind for its participants. Rooted in the Takaful concept of togetherness, cooperation, and mutual solidarity, the company is committed to enhancing societal welfare and strictly avoids activities involving exploitative interest, gambling, and excessive uncertainty.
