WAQFY Cash Pan

WAQFY Cash Pan Number of pans disbursed: 3173
Number of pans returned: 1650
Amount Received: $200,000
As at: June 13th, 2017
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Real Estate

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The founding of Takaaful T&T

The founding of Takaaful T&T

The six-member Islamic Insurance Steering Committee [IISC (the first group of founders)] was formed on August 20th, 1998. This Committee, the IISC, suggested the formation of a Friendly Society as an immediate and viable option to cater for some of the insurance and financial needs of Muslims, thereby facilitating some level of inclusion of Muslims in the financial sector in T&T.  

Two months later, on October 3rd, 1998, the IISC was dissolved and a new committee, the Interim Management Committee [IMC (the second group of founders)] was established comprising the six members of the IISC and five new persons. The IMC was charged with the responsibility of establishing the Friendly Society.

Almost two months after the registration of the Society, the Inaugural Meeting which was also deemed the 1st Annual General Meeting was held on March 19th, 1999. Elected to serve on the Board of Management were eight of the eleven members of the IMC plus three other persons.

The co-operation, support and guidance provided by the Friendly Society Division of the then Ministry of Labour and Co-operatives at Riverside Plaza facilitated the smooth transition from idea to reality within a relatively short period of approximately seven months.

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Contact Information

PO Bag 1066, Valsayn,
Trinidad & Tobago
(868) 682-1141
(868) 663-4541