Frequently Asked Questions
Find answers about membership, savings, and Sharia compliance.
Is your SACCO licensed?
Yes, our SACCO is legally licensed and operates in accordance with national regulations and Islamic (Sharia) principles.
Will my savings earn a profit?
Yes, your savings are invested in halal (permissible) activities, and profits are shared among members based on a Sharia-compliant profit-sharing model. There is no interest (riba).
Can I sell my membership?
Yes, membership shares may be transferred according to the SACCO’s policies, in a manner that complies with Islamic principles.
Can I withdraw my savings anytime I want?
Yes, members may withdraw their savings in accordance with the SACCO’s guidelines, while ensuring fairness and Sharia compliance.
How long does it take to become a member?
The process is simple and transparent, and membership is approved shortly after completing the required documentation and meeting Sharia-compliant conditions.