Noor Takaful Insurance To Host African Conference

Noor Takaful Insurance Limited, said it is set to host the second edition of the African Takaful and Non-interest Finance Conference.

The Conference is scheduled for November 12 to 13, 2024 in Lagos with the theme; ‘Islamic Finance and Takaful: Building Resilience in a Volatile World’. The conference is expected to bring together industry leaders, regulators, experts, and stakeholders across Africa and beyond to discuss the imperative of Islamic finance in a volatile economy.

Some of the notable speakers expected at the conference include executive director of the Agent for Inclusive Innovations and Development (AIID), Bashir Hassan; managing director of the Microinsurance Centre at Milliman, Michael McCord; executive director of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Farhan Noor.

The conference will encompass a series of panel sessions that will feature distinguished experts, among whom are the chief executive officer, Takaful Insurance of Africa Kenya, Sumayya Hassan, executive director, Egyptian Institute of Directors (EIoD), Tarek Seif, head of Market Conduct and Policy (Financial Inclusion), National Insurance Commission of Nigeria (NAICOM), Zubairu Darazo and director, Digital Business.

The Alternative Bank, Mohammed Bashir-Yunusa.

The managing director of CardinalStone Real Assets Limited, Mohammed Garuba and the managing partner and lead of Verraki Partners, Social Sector Practice, Olaniyi Yusuf will moderate the sessions.

The two-day conference provides a platform for dialogue and knowledge exchange, fostering a deeper understanding of Takaful and non-interest finance as ethical and inclusive alternatives to conventional financial systems.

The managing director of Noor Takaful Insurance, Rilwan Sumonu said that the conference will help the company advance its ultimate goal of becoming a key player in Africa’s non-interest finance sector.

Noor Takaful Insurance Limited, a takaful insurance firm, was established and duly licensed by NAICOM in April 2016 as the first full-fledge composite takaful insurance operator in Nigeria with a 100 per cent indigenous Nigerian shareholding. The Company currently plays the pioneering and leading role in unlocking takaful insurance potential for Nigeria. Its operational framework is regulated by NAICOM and is also subject to the Insurance Act 2003.