Takaful Gambia Limited Holds Annual Profit Sharing, Participants Share 2.5 Million Dalasi

Takaful Gambia Limited held on June 16 Takaful Gambia Limited, the only Islamic insurance company in the Gambia, on Thursday, 16 June, held its 2nd annual profit sharing with its clients. The ceremony was held at the company’s head office at Dobson and Anglesea Streets in Banjul.
Mr. Momodou Joof, the Managing Director of the Takaful Company, revealed that this year they will be sharing over 2.5 million dalasi with the clients who have been insuring with them. He added the fact that Takaful is based on profit sharing and not charity. He underlined the fact that it is an obligation for them as an insurance company to share out profits among their clients based on the values and ethics of fairness in Islam.

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