Somalia · East Africa · class T

Takaful / Islamic insurance companies in Somalia

1 licensed takaful / islamic insurers, 100% of the 1 insurance entities supervised by the Central Bank of Somalia. Sharia-compliant risk-sharing operators (takaful and retakaful).

CompanyClassParent / groupOwnershipRegulatorVerification
Takaful Insurance of Africa (Somalia)
Mogadishu operation
TTakaful / IslamicTakaful Insurance of AfricaPan-African groupCBSUnverified

About takaful / islamic insurers in Somalia

How many takaful / islamic insurers are licensed in Somalia?

1 of the 1 licensed insurance entities in Somalia are classified as takaful / islamic (100%), according to the CBS register as reflected in this directory (not verified in this pass).

Who regulates takaful / islamic insurers in Somalia?

Central Bank of Somalia (CBS), under Nascent regime. Official website: https://centralbank.gov.so.

Are the takaful / islamic insurers in Somalia locally or foreign owned?

1 of 1 belong to pan-African or foreign multinational groups, 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/somalia.json (filter byclass = "takaful-islamic"). Licence CC BY 4.0, attribute KAFS North America.