Taqwa Sacco is the first fully Shariah-compliant Sacco in Kenya. Since 1998, it has offered ethical financial solutions to Muslims and non-Muslims alike.
With over 12,000 members across East Africa and beyond, Taqwa Sacco promotes halal investing, zero-interest financing, and high professional standards. Whether you live in Kenya or abroad, this Sacco welcomes you if you value Islamic finance.
Here’s a simple guide to help you understand Taqwa Sacco membership eligibility and requirements so you can join and start benefiting today.
Understanding Taqwa Sacco Membership Eligibility and Requirements
Taqwa Sacco’s vision is to make Islamic financial solutions accessible to everyone. Their model follows Shariah principles, avoiding interest and encouraging ethical investment. Whether you’re an individual, a group, or a business, there’s room for you here—so long as you meet the membership requirements.
Let’s break down what you need to know.
Who Can Join Taqwa Sacco
Membership is open to:
- Kenyans and non-Kenyans living in Kenya or abroad
- Men and women of all ages, backgrounds, and religions
- Individuals who prefer ethical finance and Shariah-compliant services
Taqwa Sacco does not discriminate. As long as you respect Islamic finance principles—such as avoiding interest—you are eligible to become a member.
This makes it an inclusive option for those seeking honest, fair, and professional financial services.
Documents Required to Join Taqwa Sacco
To apply for membership, you’ll need to prepare the following documents:
- A copy of your National ID, passport, alien ID, or birth certificate for minors
- A copy of your KRA PIN certificate
- Two recent colored passport-size photos
- A copy of your recent payslip, appointment letter, or bank/Mpesa statement
- A filled and signed membership application form
These documents help Taqwa Sacco verify your identity and financial status, ensuring transparency for all members.
Registration Fees for Taqwa Sacco Membership
Taqwa Sacco has two types of accounts: BOSA (Back Office Savings Account) and FOSA (Front Office Services Account).
Here are the registration fees:
- Kshs 1,500 if you are registering for both BOSA and FOSA
- Kshs 500 if you are opening a FOSA account only
To pay your registration fee:
- Go to Mpesa on your phone
- Select Lipa na Mpesa
- Choose Paybill
- Enter Business Number 275233
- Enter Account Number 23*01
- Enter the appropriate amount (Kshs 1,500 or Kshs 500)
- Enter your Mpesa PIN and confirm
- You’ll receive a confirmation SMS from Safaricom
It’s a quick and easy process you can do from anywhere in Kenya.
Benefits of Joining Taqwa Sacco
Taqwa Sacco doesn’t just offer membership—it offers real value. Members enjoy:
- Zero interest on loans in line with Islamic banking
- Asset financing of up to Kshs 5 million
- Access to normal loans, school fees loans, mortgage financing, emergency loans, and salary advance
- Quick loan approval and disbursement
- Competitive dividends on savings and investments
- Halal investment opportunities in various sectors
- A high level of professionalism and integrity in service delivery
This makes Taqwa Sacco a trusted choice for ethical investors and anyone looking for fair, transparent financial solutions.
Corporate and Group Membership
If you run a business or group that aligns with Taqwa Sacco’s values, you can also join under a corporate or group account. The requirements are similar but tailored to organizations, including official registration documents and proof of income sources.
You’ll also benefit from business-friendly financing options and ethical investment platforms.
Visit Taqwa Sacco Today
Ready to become a member? You can visit their offices at:
Location: Ground Floor, Jamia Plaza, Kigali Street, Nairobi
Contacts: 0702 332 211 / 0786 332 211
Whether you’re starting your financial journey or looking for a better way to grow your savings, Taqwa Sacco gives you a clean, interest-free option backed by professionalism and faith-based values.
