Mayzuh Company Limited conducted yet another capital markets regulatory body Sukuk Training in Lusaka-Zambia. The two-days Sukuk training was for the top Lusaka Securities Exchange (LuSE) officials lead by LuSE Chief Executive Officer, Mr. Nicholas Kabaso. This is the third Sukuk training to capital markets regulatory board conducted by Mayzuh Company Limited. It all started in 2022 in Tanzania with a Sukuk training to the country's Capital Markets and Securities Authorities (CMSA) officials led by its CEO, CPA Nicodemus Mkama and other top officials. Then it was followed by a Sukuk training to Dar es Salaam Stock Exchange (DSE) top officials and technical team which was conducted in 2023. Mayzuh Company Limited conducted trainings in Sukuk, Islamic Banking, Islamic Insurance (Takaful) to financial regulators, ministries and corporate in several countries in Sub-Saharan Africa.
Mayzuh Company Limited has conducted another series of Takaful trainings in Tanzania for Insurance Brokers, Insurance Agents and expected Work Force Executives.
This training session makes Mayzuh trainees reach 288 trainees so far since 2022 when Mayzuh started trainings on Takaful for various Regulators, Insurers, Brokers, Agents and Workforce Executives.
Mayzuh Company Limited is among the Top Ten Global Islamic Finance Consultancy Firm according to Islamic Finance News (IFN) based in Kuala Lumpur, Malaysia.
The company issues Takaful certificates recognized by Tanzania Insurance Regulatory Authority (TIRA).
The training was conducted by Sheikh Mohamed Issa, a famous Islamic finance expert in East Africa, virtually from outside Tanzania.
Speaking on behalf of trainees, Mr. Rajeev Sudhakar Deshpande from SUNIVA Insurance Brokers Ltd said "This training has been very interactive and enjoyable because learning, apart from imparting knowledge, it is enjoyable as well".
Mayzuh Managing Director, Madame Fatuma Majalla, expressed Mayzuh leadership thanks to the trainees for trusting Mayzuh to be their trainer and that they must use their knowldge efficiently in the market.
Mayzuh Risk Management Director, Mr. Khalifa Rehani, elaborating on a number of issues concerning Takaful said "Anyone who want to provide Takaful services must remember that Takaful is not a product but a system just as conventional insurance is an insurance system and not a product like motor, fire, marine etc.
Another Takaful training organized by the same company will be conducted on 3rd of February 2024 at a venue to be announced later.
Mayzuh Company Limited is a Tanzanian based company with its subsidiary in Zambia. it deals in advisory, trainings, consultancy, Sukuk structuring and all other aspects of Islamic finance since 2017.
Among the team in the training was Juma Issa, who is Centre for Islamic Finance, Compliance and Advice (CIFCA) Accountant. The training took place at CIFCA Academy training room from 09:00 PM to 05:00 PM