GAF Act Reviewed
Oct 20, 2020, 11:37 AM
Stakeholders in the country’s security sector recently met to review The Gambia Armed Forces Act at a meeting held at NaNA Conference hall.
At the ceremony, Momodou M. Joof, Managing Director and Chief Executive Officer (CEO) of West Africa Takaful, said Takaful simply means people coming together for mutual benefit.
According to him, while pursuing his Master’s degree programme in Malaysia, he went on attachment in one of the Takaful companies (Takaful Malaysia) to study how the company claims to be Sharia compliant, which he said, is a law that favors humanity more than anything.
“I realised after this attachment this was not so much to do with any religion, but more to do with ethics and fairness in business.”
The West Africa Takaful Company, he added, is for all and that clients that are insured with the company get paid if they suffer losses.
“Also, risk and profit is shared among participants. West Africa Takaful is coming to feature out more of the beauties of Islam, the principles and practice of Islamic finance is what we uphold. We make sure that we do not use the name Islamic insurance when we are not operating according to Sharia.”
He disclosed that they have approval to open another branch in Brikama, which they are currently working on, saying they want to expand their services across the country before venturing out to neighboring countries.
Stakeholders in the country’s security sector recently met to review The Gambia Armed Forces Act at a meeting held at NaNA Conference hall.
Kombo East communities of Pirang and Berending last Sunday launched a street naming project that was initiated and funded by the community’s Diasporans in partnership with the Village Development Committee (VDC).
State House, Banjul, July 24th, 2020 – The Ambassador of the People’s Republic of China in The Gambia, His Excellency Ma Jianchun has said that his country admires the vigour and high spirits with which The Gambia continues to fight against the Covid 19 pandemic.
State House, Banjul, 29th June 2020 – The Office of the President informs the public that the Government of Japan has donated 115,956 bags of rice to The Gambia.