Takaful helps us get through tough times
When we experience loss or damage whether it’s our property or even an injury it can be tough to recover. Takaful helps us get through these tough times.
Takaful literally means “guaranteeing each other” in Arabic.
Takaful is founded on the principles of donation and mutual cooperation (Tabaru’a and Ta’awun). Hence, FCB Takaful is a self-catering scheme that offers financial aid to participating members in need, based on brotherhood and solidarity.
Takaful creates a pool of funds from mutual cooperation by participants with the aim of offering financial aid to any of the participants who might suffer a loss.
FCB Takaful Insurance Brokers Ltd, a wholly owned subsidiary of First Community Bank Ltd, operates the first Shari’ah-compliant Islamic Insurance Scheme (Takaful) in East and Central Africa. FCB Takaful is registered and licensed by the Insurance Regulatory Authority (IRA) of Kenya as a Corporate Broker. The Takaful scheme has been approved by FCB’s reputable Shari’ah Supervisory Board.
FCB Takaful is operated on strict Islamic Finance Principles that prohibit investments in interest bearing financial instruments; and prohibited (haram) activities such as gambling, alcohol, drugs, casinos, brothels, armaments etc.
We conduct our business with the highest ethical standards, and exercise the highest levels of responsibility when managing the affairs of all our stakeholders.
Get in touch with us
+254 20 284 3000