Taqwa Sacco records KSh27 million profit for year 2023

Taqwa Sacco has declared KSh27 million in profit for the year 2023.

Also, it paid out dividends to its shareholders amounting to KSh13 million.

Founded in 1998, Taqwa Sacco is Kenya’s pioneering Shariah-compliant financial institution, offering Halal credit and investment opportunities to its members.

Taqwa Sacco boasts a membership of more than 13,500 individuals across East Africa and in the Diaspora. It offers various financial services such as business loans, school fees loans, asset finances, emergency finance, mortgage finance and ethical investments.

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The Sacco’s mission is to promote the social and economic well-being of members by offering quality financial products while ensuring fairness and trust regardless of race, religion, gender, or class.

Its vision is to be the leading Shariah-compliant Sacco in East and Central Africa, providing exceptional services and products to members.

By Frank Mugwe

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