On the evening of 20th February, the Insurance Training College (ITC) and the Insurance Regulatory Authority (IRA) came together to host a memorable Iftar dinner at Hotel Africana. It was a moment of reflection, dialogue, and unity, bringing together leaders, scholars, and professionals from the insurance sector under the spirit of Ramadan.
The keynote address was delivered by Dr. Kasule Twaha, a respected Muslim scholar from the Islamic University in Uganda (IUIU). His message centered on the concept of Amanah (Trust), reminding the audience that trust is not just a spiritual obligation but also the foundation of ethical business practice. He drew a profound parallel between Amanah and Takaful insurance, emphasizing that mutual cooperation and shared responsibility are not only Islamic principles but also practical solutions for building inclusive financial systems. His words carried weight: “When trust is broken, society fractures; when trust is upheld, prosperity follows.”
Following him, Saul Remember, CEO and Principal of ITC, spoke with warmth about the importance of collaboration between institutions. He stressed that the partnership between ITC and IRA is a model of how shared vision can strengthen both education and regulation. His most memorable line was: “When institutions walk together, they move further.”
During his remarks, Dr. Abdul Hafiz Walusimbi, ITC Board Chairman and Sharia scholar, spoke with conviction about the role of education in shaping ethical insurance practices. He noted that training institutions like ITC must go beyond technical skills to instill values. He stressed that “Knowledge without integrity is like a vessel without a compass, it may move, but it will never reach its rightful destination."
The evening also featured remarks from Dr. Al Hajj Kaddunabbi Lubega, CEO of IRA, who highlighted the regulator’s responsibility in safeguarding fairness and transparency in the industry. He reminded attendees that regulation is not about restriction but about protection.
The dinner was a symbolic bridge between faith and professional practice. The discussions around Amanah and Takaful insurance underscored the relevance of Islamic principles in modern financial systems, while the reflections from the leaders reinforced the importance of trust, integrity, and collaboration in the insurance sector.
As the evening drew to a close, the atmosphere was filled with a sense of unity and purpose. Guests left nourished by the meal but also enriched by the wisdom shared. The event was a reminder that the insurance industry, like society itself, thrives when built on trust, guided by integrity, and strengthened by collaboration.
In essence, the ITC–IRA Iftar dinner is a statement: that faith and professionalism can coexist, and that when they do, they create a foundation strong enough to support both ethical business and social harmony.