The Central Bank of Somalia (CBS) announced on Sunday, July 13, the official launch of the licensing process for Takaful service providers, marking a decisive step in structuring an insurance sector compliant with Sharia law. This initiative follows the adoption of the new national Takaful law in May 2025. Until now, operators have been operating…...
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Somalia: Central Bank launches licensing process for Takaful insurers
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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