• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home General Finance Institute Confers Fellow on Momodou Joof
  • General

Finance Institute Confers Fellow on Momodou Joof

By
Yusuf Issa An-nuphawi
-
November 24, 2017

Finance Institute Confers Fellow on Momodou Joof

The Managing Director and Chief Executive Officer (MD/CEO) of Jaiz Takaful Insurance Plc., Momodou Musa Joof, has been conferred with a Fellow of the Institute of Islamic Finance Professionals of Nigeria (FIIFP).

Mr. Joof was honoured in Lagos, at the induction ceremony held over the weekend by IIFP, alongside one hundred and seventeen personalities who distinguished themselves in Islamic finance.

Speaking on the honour, Joof, said, “with this inspirational award, I have more reasons now to ever sustain my passion for promoting Takaful (Islamic insurance): My energy has been boosted to further accelerate my efforts in promoting to accelerate my efforts at promoting Islamic finance and in particular Takaful, the sector I have made reasonable contributions, having found Takaful insurance companies and partake in the development of some governments’ insurance regulatory framework and policy formulation.”

Read Also:

  • Gov Radda Hails Troops’ Gallantry, Seeks for New Army Unit in Katsina
  • Tijani, Sanwo-Olu, Bella Disu, Others to Headline 10th Nigeria Digital PR Summit
  • Third Estate Warns Against Spreading Insecurity in Kwara, Calls for United Action and Prayer

Joof, who founded the first Takaful insurance company in West Africa, Takaful Gambia Limited, had spent more than 14 years in conventional insurance practice, rising from Accounts Clerk to Assistant Manager Underwriting before he discovered Takaful as the best way of doing insurance. He understudied Takaful in Malaysia and since then developed a growing passion for the Takaful system of insurance which promotes transparency, fairness and mutual benefit.

Two years of the establishment of the first Takaful Insurance in Southern part of Africa, he got an appointment with Jaiz in Nigeria as the Managing Director/CEO, Jaiz Takaful Insurance Plc.

Takaful is an insurance scheme in which a group of participants agree to jointly support one another where the need arises. They contribute to a fund, and are compensated or indemnified from that fund in the event of loss. Takaful is said to be growing at the rate of 30 to 40 percent annually, globally.

Nigerians cannot afford missing the economic benefits of Takaful an alternative to conventional insurance and give the people better experience of insurance. The Takaful system of insurance promotes prompt settlement of claims as well as profit sharing among the Participants and shareholders.

Jaiz Takaful Insurance Plc offers all insurance products and the services are opened to all irrespective of religious inclination. The Company is regulated by National Insurance Commission (NAICOM) which also regulates conventional insurance.

 

Yusuf Issa An-Nuphawi

Corporate Communication Executive

For: Managing Director/CEO

 

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Finance Institution
  • Jaiz
Previous articlePolice on Red-Alert Over Attacks on Places of Worship
Next articleCourt Convicts Ex-Rep Member, Others for Corruption, ICPC Appeals against mild sentence
Yusuf Issa An-nuphawi
Yusuf Issa An-nuphawi
http://www.PRNigeria.com

RELATED ARTICLESMORE FROM AUTHOR

Atiku Abubakar

Atiku Criticises DSS, Demands Probe of Tinubu Cabinet Following Minister’s Resignation

MAAUN Public Health Students Host Seminar to Combat Drug Abuse and Preventable Diseases

Students that participated in FutureMap STEAM Camp in Jigawa

FutureMap Graduates Over 1,000 Students from STEAM Camp in Jigawa

Minister of Innovation, Science and Technology, Uche Nnaji

Finally, Tinubu’s Embattled Minister Resigns Amid Certificate Scandal

INEC boss Mahmood Yakubu

Tinubu Confers National Honour on Outgoing INEC Chairman Mahmood Yakubu

Troops Repel Terrorists Attacks in Borno, Launch Rescue Operation for Abducted Villagers

PIP Foundation graduates 250 Gombe Youths in Tech, Entrepreneurship

Pantami Foundation Graduates 250 Gombe Youths in Tech, Entrepreneurship

Tinubu Orders NAHCON to Reduce 2026 Hajj Fares

Influencer that badmouthed Senator Shehu Buba

Security Operatives Nab Influencers Over Defamatory Campaign Against Senator Shehu Buba

Kaduna State Governor, Uba Sani

Uba Sani Releases ₦2.3bn for Retirees and Families of Deceased Workers

Hajj Exercise Around Ka'abah

Group Urges CBN to Scrap 2% Service Charge on Hajj Fare to Reduce Pilgrimage Cost

Kano Gov’t Investigates Alleged Diversion of N4bn Dala Inland Dry Port Funds

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Military Floods Kwara Forests with Troops, Equipment to Crush Kidnappers
  • Gov Radda Hails Troops’ Gallantry, Seeks for New Army Unit in Katsina
  • Tijani, Sanwo-Olu, Bella Disu, Others to Headline 10th Nigeria Digital PR Summit
  • Third Estate Warns Against Spreading Insecurity in Kwara, Calls for United Action and Prayer
  • Anambra Police Deploy 70 Fresh Constables to Boost Security
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Military Floods Kwara Forests with Troops, Equipment to Crush KidnappersGov Radda Hails Troops’ Gallantry, Seeks for New Army Unit in KatsinaTijani, Sanwo-Olu, Bella Disu, Others to Headline 10th Nigeria Digital PR SummitThird Estate Warns Against Spreading Insecurity in Kwara, Calls for United Action and PrayerAnambra Police Deploy 70 Fresh Constables to Boost SecurityICPC to Prosecute Self-Acclaimed Kano Journalist for Alleged ₦14 Million FraudEx-Gov Yahaya Bello' s Fund Withdrawals Did Not Breach Banking Regulations, EFCC Witness Tells FCT CourtAtiku Criticises DSS, Demands Probe of Tinubu Cabinet Following Minister's ResignationTinubu: Shuttle Diplomacy and the Power of Showing UpMAAUN Public Health Students Host Seminar to Combat Drug Abuse and Preventable DiseasesFutureMap Graduates Over 1,000 Students from STEAM Camp in JigawaFinally, Tinubu's Embattled Minister Resigns Amid Certificate ScandalTinubu Confers National Honour on Outgoing INEC Chairman Mahmood YakubuArmy Partners Media to Tackle Fake News, Boost National SecurityBadaru Hails NAF’s Vision, Commissions New Headquarters Annex in Abuja
X whatsapp