Insurance firm to host African Takaful Confab 

A firm, Noor Takaful Insurance Ltd., is set to host the second edition of the African Takaful and Non-Interest Finance Conference from November 12-13, 2024, in Lagos. 

The conference, with the theme “Islamic Finance and Takaful: Building Resilience in a Volatile World”, is expected to bring together industry experts, and stakeholders across Africa and beyond to discuss the imperative of Islamic finance in a volatile economy.

According to the Managing Director, Noor Takaful Insurance Limited, Rilwan Sumonu,  the conference will help the company advance its ultimate goal of becoming a key player in Africa’s non-interest finance sector.

Notable speakers expected include Executive Director of the Agent for Inclusive Innovations and Development (AIID), Bashir Hassan; Managing Director, Microinsurance Centre, Milliman, Michael McCord; Executive Director of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Farhan Noor.

The conference will encompass a panel sessions that will feature distinguished experts.

They include 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. 

Managing Director, Cardinal Stone 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.