An Insurance expert, Mr Momodou Joof, has called for media collaboration to help create more awareness on Takaful Insurance policy.
Joof told the News Agency of Nigeria (NAN) on Thursday in Abuja that such support was very crucial and would bridge the gap on ignorance.
Takaful is a type of Islamic insurance, where members contribute money into a pooling system to guarantee each other against loss or damage.
It is based on Sharia, Islamic religious law, and explains how it is the responsibility of individuals to cooperate and protect each other.
In the concept of Takaful, if a participant suffers a loss, he is compensated but if he does not, he still benefits from the pool of funds contributed from members.
According to Joof, “our best partner in this work that we do is the media that can sell us out to the world so they can know what we do”.
He said Takaful was best to nothing in terms of best provision of insurance cover and should be embraced by all.
According to him, investigation has shown that many people are still not very aware of the benefits of Takaful insurance.
He said that if the message of Takaful was not spread out to the public, the company would not have the privilege of entertaining its potential participants.
“This unawareness is mostly common where we do not have a presence, but we are working at ensuring we have branches in all the states soon.
“We are leaving no stone unturned in creating the necessary awareness.
“We have visited some radio stations, newspaper houses and even television stations, so we are not leaving anything out.
“We want to make sure that we use all inputs available and we pray for the Almighty’s support that we have a presence in every part of the nation,” Joof said.
According to Joof, Nigeria is the most populous and largest in West Africa; so if Takaful is working perfectly in Sudan, Zambia, Gambia and Egypt, then why not Nigeria?
He said,” Nigeria is doing well in the insurance sector but a lot still needs to be done to ensure insurance contributes more to the nation’s economic growth.
“The most successful economies in the world are backed by the most successful insurance industries.”