KENYA: Safaricom Investment Co-operative (SIC) going fully Shariah, catering to the increasing number of Muslims seeking ethical investment avenues that align with their faith. Founded in 2009, the co-operative has a membership of over 5,000, both locally and abroad. SIC invests in real estate, marketable securities and private equity. With a portfolio that spans land, housing, and business development, SIC has completed more than 100 land projects across 14 counties, with housing developments in Nairobi, Kiambu, Machakos, and Kajiado.
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