Welcome to The Hub of Halal Wealth Creation
Taqwa Sacco’s Membership is open to all Kenyans of diverse backgrounds who prefer ethical financial services guided by Islamic principles.
Taqwa Sacco is the 1st Shariah Compliant Sacco in Kenya, established in 1998 as a savings and credit cooperative society. We offer Shariah Compliant financial services and solutions to meet the diverse needs of our members. The Society welcomes all who wish to safeguard their savings and access credit in an environment governed by the teachings of Islam. We have been conducting our activities in Nairobi having a membership of over 8,000 from across the country.
Taqwa Sacco has officially ventured into deposit taking and withdrawals through the Front Office Service Activity (FOSA). This is after the institution was granted the deposit-taking license by the Sacco Society Regulatory Authority (SASRA). Members can now have access to regular banking services which include cash deposits, withdrawals and Mobile banking.
In December 2016, the Sacco was voted as the best Shariah Compliant Sacco during the International Islamic Microfinance Awards organized by the International body, AlHuda Centre of Islamic Banking & Economics (CIBE).
To be a leading Sharia Compliant Savings & Credit Society in East and Central Africa, offering the best services and products to our members.
To promote the social economic well being of our members through provision of quality financial products, and promote fairness and trust to all members regardless of race, gender or class. To mobilize savings to avail cheap capital to our members for development and wealth creation.
What We Do
- We welcomes all Muslims who have a regular income (of whatever amount) and wish to safeguard their savings and access credit in an environment governed by the teachings of Islam.
- Membership is drawn from various Government Ministries, Parastatals, NGOs and the private sector.
- Taqwa Sacco holds its annual AGM (Annual General Meeting on the 4th month of each year.