New Islamic insurer aims to shape Tanzania's takaful future

Source: Middle East Insurance Review | Jul 2026

In Africa, demand is increasing for Shariah-compliant financial solutions, including takaful, fuelled by the substantial Muslim population and the ethical nature of these products, says Mr Tarek A. Hayel Saeed, Chairman of Al Barakah Takaful Insurance Company (ATICO) in Tanzania.

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