Moroccan insurance and finance group Holmarcom has launched Takafulia Assurance, making it the first Islamic insurance company in Morocco.
After acquiring a licence from Morocco’s insurance regulator, the Insurance and Social Welfare Supervisory Authority, Takafulia Assurance has started offering its new services to the public, reported Morocco World News citing a 10 February media release.
In line with the company’s broader vision to diversify its activities, Takafulia Assurance will gradually develop insurance services covering individuals, professionals, and businesses.
With Takafulia Assurance, Holmarcom aims to contribute to Morocco’s developing Islamic financing ecosystem.
Ms Lakbira Sbeih is at the helm of Takafulia Assurance as deputy general director. She has extensive experience in insurance as she has previously worked for AtlantaSanad Assurance. “Takafulia Assurance offers family insurance packages including life insurance, investment-saving packages, and a special ‘takaful general’ plan involving multi-risk insurance for real estate,” said Ms Sbeih. M