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.
Beakanyang, a Non-Governmental Organization that advocates and promotes human rights on Saturday observed international Human Rights Day. The organisation also aims to enhance the participation of disadvantaged people in issues relating to Good Governance as well as youth and women development.
For the first time in the history of Senegal’s religion injunction, young Christians distributed Ramadan Iftar to their fellow Muslim brothers and sisters as an act of pure nobility.
The Department of Water Resources under the Ministry of Fisheries, Water Resources and National Assembly Matters (MoFWR-NAMs) in collaboration with the European Unionon Monday commenced a twelve-day training workshop on data management and visualisation for its staff and other institutions.
Prime Stationary, yesterday supported Fatima Senior Secondary school in Bwiam with building and learning materials.
