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Kenyan ICMIF member, Takaful Insurance of Africa Ltd (TIA), plans to expand its operations into five East African nations, Chief Executive Officer Hassan Bashir said recently. TIA is Kenya’s only Shariah-compliant insurer.
Under TIA’s five-year plan it will expand into Ethiopia, Tanzania, Uganda, Somalia and the autonomously governed enclave of Somaliland, where it was granted a license this year, Bashir said.
“The intention is to grow the takaful insurance model both in Kenya as ...
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