Somalia · East Africa

First Somali Takaful Insurance Ltd

TTakaful / IslamicDomestic privatePartially verified against the regulator register

Licensed under the Islamic Insurance (Takaful) Law 2025. Ownership not researched.

Official sources

This directory holds no official website for First Somali Takaful Insurance Ltd: the CBS register does not publish one and no sourced profile has been accepted. The register is the authoritative record of who is licensed.

Class of business: Takaful / IslamicSharia-compliant risk-sharing operators (takaful, participation and retakaful).
Parent / group: Parent not named in registerThe register records no parent for this entity, which is not a finding that it has none.
Ownership: Domestic privateOwned by domestic private shareholders with no cross-border parent.
Regulator: Central Bank of Somalia (CBS)centralbank.gov.so
Local currency: SOS
Source basis: Central Bank of Somalia press release Ref. 1746-CU-01/27, 27 January 2026, 'Central Bank of Somalia (CBS) Grants First Licenses to Takaful (Islamic Insurance) companies': at its meeting on 24 January 2026 the CBS Board approved the licensing applications of four takaful insurance companies - First Somali Takaful Insurance LTD, Amanah Insurance LTD, Baraka Takaful Insurance LTD and Salmaster Insurance. Retrieved as the CBS's own PDF and, independently, as the post body from the CBS WordPress REST API in both English and Somali.
Country verification: Partially verified - the Central Bank of Somalia's own press release names the four first-ever licensed takaful companies (board decision 24 Jan 2026), but the CBS publishes no standing register page, so a later licence cannot be ruled out · Central Bank of Somalia press release Ref. 1746-CU-01/27, 27 January 2026, 'Central Bank of Somalia (CBS) Grants First Licenses to Takaful (Islamic Insurance) companies': at its meeting on 24 January 2026 the CBS Board approved the licensing applications of four takaful insurance companies - First Somali Takaful Insurance LTD, Amanah Insurance LTD, Baraka Takaful Insurance LTD and Salmaster Insurance. Retrieved as the CBS's own PDF and, independently, as the post body from the CBS WordPress REST API in both English and Somali.
Identifiers: slug somalia-first-somali-takaful-insurance-ltd · row 1232/api/v1/insurers/somalia-first-somali-takaful-insurance-ltd.json