Noor Takaful Insurance Limited, Nigeria’s foremost Takaful insurance provider, has unveiled Noor Health, a Health Maintenance Organisation (HMO) designed to deliver affordable and quality healthcare in alignment with Sharia principles.
Alongside this launch, the company also introduced RAHA by Noor, a digital platform aimed at improving accessibility and efficiency for its participants.
Both launches were announced during the second edition of the African Takaful and Non-Interest Finance Conference, held in Lagos on 12 and 13 November 2024. The event gathered industry leaders, government officials, and stakeholders committed to advancing financial inclusion and healthcare access in Nigeria.
Speaking at the event, Ambassador Shuaib Ahmed, founding chairman of Noor Group, described the launch as a critical milestone for the company’s vision of improving healthcare access for Nigerians. According to him, Noor Health has been carefully crafted to serve as a safety net for individuals and families when they need it most. He noted that the rising demand for affordable and reliable healthcare services underscores the importance of initiatives like Noor Health.
Ahmed further introduced RAHA by Noor, a digital platform that simplifies interactions with the company, enabling participants to access insurance services conveniently through their devices. “RAHA, meaning ‘convenient’ in Arabic, reflects our commitment to creating accessible and reassuring solutions for our participants. It is a modern approach that embodies efficiency and innovation while staying true to the principles of Takaful,” he said.
The initiative received commendation from the Federal Government, as the Coordinating Minister of Health and Social Welfare, represented by Prof. Wasiu Adeyemo, chief medical director of Lagos University Teaching Hospital, praised the initiative, noting that Noor Health aligns with the Federal Government’s goal of achieving universal health coverage, adding that private sector involvement could significantly expand insurance coverage.
Adeyemo described the launch of Noor Health as timely, expressing optimism that private sector involvement would significantly expand healthcare access and reduce the gaps in Nigeria’s national health insurance scheme.
Chairman of Noor Takaful Insurance Limited, Muhtar Bakare, emphasised the company’s long-standing commitment to ensuring healthcare is accessible to all Nigerians, irrespective of their economic or social status. He stated that the firm’s Sharia-compliant operations compel it to uphold every promise made to participants. “At Noor Health, we envision a world where healthcare is not a privilege but a right, ensuring everyone has the opportunity to live a healthy and fulfilling life,” Bakare remarked.
Vice-Chairman Aminu Tukur also highlighted the additional features of RAHA by Noor, describing it as more than a healthcare solution. According to him, the platform integrates day-to-day needs such as bill payments, ticket bookings, and airtime purchases, positioning it as a lifestyle tool that meets modern demands.
Noor Takaful, established in 2016 as Nigeria’s first fully indigenous composite Takaful insurance firm, continues to pioneer innovative solutions within the sector. Regulated by the National Insurance Commission (NAICOM), the company has consistently demonstrated a commitment to unlocking the potential of Takaful insurance in the Nigerian market.
With the launch of Noor Health and RAHA by Noor, the company reaffirms its dedication to bridging healthcare gaps and fostering financial inclusion, offering hope for a healthier and more equitable society.
