CEO Profile CPA Mohamed Ebrahim, MCSI, M.CIArb, MBA (Manchester)


The importance of Insurance or Takaful Covers

Penned by Ali Ebrahim

When an adverse event strikes, it’s best to be prepared. Nobody can predict the future but WISE people plan ahead for it. The unwise see investing in insurance or takaful as an unnecessary expense but WISE people realize its true value. Having insurance OR Takaful is necessary because it allows people to have a contingency plan. The truth is tragedies happen. Nobody is immune. DON’T BE UNPREPARED. Get INSURANCE Or TAKAFUL.

Not having insurance or takaful cover is a speculative. For those on who are favoured by fortune, nothing happens. They never get never get sick, or their property never gets burnt by fire, or thieves don’t break in their premises, or employees never defraud them, or their employees never have any medical emergency, or are never involved a car accident plus, they have enough wealth that when they die nobody in their family will feel financially deprived. Unfortunately the vast majority of the people are not in this position.

But, a majority of us face risks that cause loss and have real financial consequences. Many people have lost everything by not being properly prepared for emergencies. Fortunately, the financial impact of these uncertain tragedies can be transferred or at least mitigated (lessened) by regularly investing and saving by paying a relatively small price called ‘premiums’ via an Insurance plan through an Insurance Company which will REDISTRIBUTE your money to you when unexpected disasters occurs, Insurance or takaful cover gives you THE PEACE OF MIND.

Insurance and Takaful companies are able to do that because they are trusted by many people who face similar PERILS or RISKS (this is the loss causing event) to gather their small amounts into a large pool. When one faces a loss, some money out of that large pool is REDISTRIBUTE to ease the financial burden of that one person who has been faced with the loss from that particular group of persons.

This Prophet Mohamed said “Trust in God, but tie your camel.” This saying, as relayed by the scholar Al-Tirmidhi, is an ancient Arab phrase attributed to the prophet Mohammed who, when one day he saw a Bedouin leaving his camel without tethering it, questioned him as to why he was doing this. The Bedouin replied that he was placing his trust in Allah and had no need to tie the camel. The prophet Mohammed then replied, “Tie your camel and place your trust in Allah.” This means Allah expects on to take preventive measure to mitigate loss and Takaful (Islamic Sharia compliant version of Insurance) is one of the ways to do so.

Furthermore, the argument against life insurance cover or family takaful cover, is supported by this hadith from `Abdullah bin `Amr bin Al-`As (RadiAllahu anhu) reported: Messenger of Allah (Sallellahu alaihi wa sallam) said: “Neglecting one’s own dependents is a reason enough for a man to commit a sin” [Abu Dawud] The narration in Muslim is: Messenger of Allah (s.a.w.s.) said: “It is enough sin for a person to hold back the due of one whose provision is in his hand”. Hence, of a person dies when he is the principal breadwinner of his family, when he had an opportunity to provide using Takaful family cover, in the instance of his demise or permanent disability, has neglected to take care of his responsibilities.

Insurance and Takaful protects. Sure it has a cost, but it is well worth it. Don’t go through life without a plan, Protect yourself and your family. Come to Mohamed Ebrahim Insurance Agencies for a Complete Personal Financial Plan, which Protects, Invests, has Security  and has Tax advantages. Contact Ali Ebrahim @


Corporate Umbrella Retirement plans for your Company…/umbrella-retirement-scheme/

Allow Mohamed Ebrahim Insurance Agency in conjunction with Ace Financial Advisory Limited set up your company’s Umbrella Retirement Scheme.

A duly registered Retirement scheme enables the company to have a tax deductible retirement benefit scheme contribution, which gives it a a edge to attract and retain staff. To the staff it enables a tax sheltered savings and investment, while also optimising the take home pay, as the contribution upto Kshs 20,000/= are deductible from their earning, giving a tax benefit. if at the 30% tax bracket its like the Kenya Revenue Authority saving 30% to your retirement savings.

For the company its a tax deductible expense, raising staff morale, enabling the company attract and retain talent.

And for the employee its a tax deferred savings/investment, which even on withdrawal has tax benefits like Lump-sum upto Kshs 600,000 not taxable and first Kshs 25,000/- of pension not taxed. Furthemore, as the pension contribution upto KShs 20,000 is allowable as a deduction against income, its like the taxman saving upto 30% on your behalf!


Subject: a $100 gift for you

My friend and colleague Bob Bly is one of the most experienced – and successful – copywriters I know.

In fact, McGraw-Hill calls Bob Bly “America’s top copywriter.”

On a recent visit to Bob’s Web site, I was blown away by all the valuable content … but unfortunately, the material I thought would be most useful to you had a hefty price tag on it.

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For a limited time only, Bob has agreed to send you, at no cost:

** Free Special Report #1: How to Double Your Response Rates at Half the Cost.

** Free Special Report #2: Secrets of Successful Business-to-Business Direct Marketing.

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Each report has a list price of $29 and is about 50 pages of content; total value of this package of reports is $116.


But this week only, you can get all 4 reports FREE when you click on the link below now:




CPA Mohamed Ebrahim


P.S. You will also get a free subscription to Bob Bly’s monthly e-zine, The Direct Response Letter.


There are way too many marketing e-zines published today. But Bob’s is one of a handful actually worth reading.


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About us Kilimanjaro Financial Services Limited, Uncategorized

The Journey Begins for Mohamed Ebrahim Insurance Agencies

Thanks for joining us!

Mohamed Ebrahim Insurance Agencies is registered with the Insurance Regulatory Authority in Kenya.

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We offer insurance products sourced from reputable insurance companies both conventional Insurance products and Islamic Sharia Compliant Takaful products, both as Corporate Risk Management solutions and Individual protection.

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