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Originally published by The Standard Business
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March 4, 2026
5h ago

Uganda joins Kenya and Djibouti in Islamic insurance expansion

Uganda joins Kenya and Djibouti in Islamic insurance expansion

President Yoweri Museveni has launched Tamini General Insurance, Uganda’s first Islamic insurance company...

✨ Key Highlights

Uganda has launched its first Islamic insurance company, Tamini General Insurance, marking an expansion of Islamic finance in East Africa. This venture is a sister company to Salaam Bank Limited, also based in Uganda.

  • Tamini General Insurance is powered by the same platform used by its sister companies, Takaful Africa in Kenya and Tamini in Djibouti.
  • President Yoweri Museveni urged the Muslim community to invest in commercially viable ventures, highlighting insurance as a crucial backup.
  • Uganda's insurance sector is valued at over Shs2 trillion, with further growth anticipated from Sharia-compliant insurance products.

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