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Business

Stima Sacco boss flags Takaful gap in livestock financing
Business

Stima Sacco boss flags Takaful gap in livestock financing

Speaking at the Islamic Finance Forum and Dialogue 2026 in Nairobi on Thursday, Hassan said regulators and industry players should work together to develop a framework that supports Islamic finance across banks...

By David Abonyo
KRA Chair: Kenya needs stronger laws to support Islamic finance
Business

KRA Chair: Kenya needs stronger laws to support Islamic finance

Speaking at the Islamic Finance Forum and Dialogue Conference 2026 on Thursday, Muriithi said the Income Tax Act and the Value Added Tax Act already recognise Islamic finance arrangements, while the Public Fina...

By David Abonyo
Sacco lending nears Sh1 trillion as bad debts climb
Business

Sacco lending nears Sh1 trillion as bad debts climb

SASRA reported that the ratio of non-performing loans to gross loans among DT-Saccos increased to 6.56 per cent in June, from 6.42 per cent three months earlier.

By Maureen Kinyanjui