THE Jaiz Foundation has expressed readiness to commence Islamic ‘Takaful’ Insurance in Kaduna, Kano, and Lagos States with head office in Abuja. This was disclosed by the Chairman, Jaiz Takaful Insurance Plc, Dr Umaru Abdul Mutallab, during final preparation by the Foundation, which held one- week induction training for staff of the organisation that will be deployed to the states to commence its pilot operation.
Mutallab who also doubles as Chairman, Jaiz Bank Plc, said should take advantage of the new insurance concept. He further explained that the insurance products give equal opportunity for customers to be owners of the company as well and was for everybody. He said: “The name Islamic notwithstanding, it is for all Nigerians, provided they adhere to the principle of Sharia. Individuals, groups and business people should take advantage of this rare opportunity.
The premium you pay remains there for you as investment, if it do not suffer loss.” Also speaking on the operation of the insurance policy of Jaiz Takaful, the Managing Director, Jaiz Islamic Takaful Insurance, Momodou Musa Joof, said the company shares profit by 80 per cent to its participants who have not suffered losses. According to Joof, the staff that were being trained will be deployed to states to sell Islamic Takaful Insurance support to potential customers. “They have been into conventional insurance but now we are introducing Takaful or Islamic Insurance, which is basically Sharia compliant.
No comments:
Post a Comment