Sat - Wed: Office Hours-7:30am-19:00pm | Thurs- 7:30am-12:30pm | CLOSED Fridays | New Omar Hashi Building Hargiesa, Somaliland |


The term Takaful originates from Arabic verb ‘’Kafalah’’ which means ‘’to help one another’’ or ‘’mutual guarantee’’. Thus the word Takaful refers technically to shared responsibility, shared guarantee, collective assurance and mutual undertakings by a group.Takaful bears many similarities to co-operative or mutual insurance, but differs on the model of operation and on the rules governing investments and profit sharing.Takaful (or Islamic insurance) embraces the concepts of mutual protection.

Takaful Concept & Principles

Takaful as globally acknowledged refers to a concept of Insurance that is based on the Principles of togetherness, Co-operation and Mutual Solidarity. Unlike Conventional Insurance, Takaful is based and Operated on the tenets of Shariah and avoids prohibited and Haram activities involving Riba (Interest), Maisir (Gambling) and Gharar (Uncertainty).

The Operational Framework can be simply explained as a system where each member contributes a given premium to a General Takaful fund managed by the Takaful operator in accordance to the Shariah Principles. Through the Concept of Tabarru’ (donation), The Members allow the Takaful Operator (Takaful Insurance of Africa-TIA) to pay any Losses suffered by the Participants contributing to the pool. Any surplus left from the contribution after Payment of Claims and Other expenses is distributed among the participants. This is referred to “Surplus Refund” in Takaful.

Takaful family has since expanded to the horn of Africa, with offices opening in Hargeisa, Garowe, Kismayo and Mogadishu. Takaful is a pioneering dynamic insurance company introducing a new and exciting ethical perspective to the Insurance market in the horn of Africa region. The rationale behind Takaful lies in the need to provide risk management and financial security services that are founded on ethical principles and values.


To be the number one provider of innovative Takaful Products and Services


To provide the most ethical and dynamic insurance services that offer enduring value to our members through quality risk management and exceptional claims settlement.


Our values at TIA transcend throughout the entire organization. These principles will guide us to succeed in all our operations; from our day to day activities to customer satisfaction as well as product development.


Integrity will form the backbone of our operations and we shall uphold this through strict adherence to the business and moral codes highlighted in all our policies and operations.


At TIA we will go all the way in ensuring that all our activities and obligations to our shareholders and participants are carried out with the utmost transparency, clarity and sincerity.


In this regard we will ensure that all our practices and procedures are marked by professionalism and honestly. This will form the basis for all our actions and

Takaful is a type of Islamic insurance, where members contribute money into a pooling system in order to guarantee each other against loss or damage. Takaful-branded insurance is based on Sharia, Islamic religious law, and explains how it is the responsibility of individuals to cooperate and protect each other.

Working hours

Sat - Wed: 7:30 - 19:00
Thursday 7:30 - 12:30
CLOSED on Fridays

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New Omar Hashi Building
Hargiesa, Somaliland

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