PAK-QATAR FAMILY TAKAFUL

PAK-QATAR FAMILY TAKAFUL LIMITEDPak-Qatar Family Takaful Limited, the pioneers of Family Takaful, is a progressive and a technology-driven Shari’ah Compliant company providing innovative Takaful solutions in Pakistan. The company is the fastest growing Family Takaful operator in the region.Incorporated in 2006, and beginning operations in 2007, the company is registered with, and supervised by, the Securities and Exchange Commission of Pakistan (SECP). An independent Shari’ah Advisory Board chaired by Mufti Muhammad Taqi Usmani certifies all products and operations for Shari’ah compliance. The company is rated “A” (having Positive Outlook) by JCR-VIS Credit Rating Co. Limited and Pakistan Credit Rating Agency (PACRA).The company’s vision of providing financial protection through Takaful to everyone is supported by some of the strongest financial institutions in the state of Qatar. The paid-up capital of Pak-Qatar Family is around Rs. 995 million. The company is further strengthened by its Re-Takaful arrangements with Munich-Re, Hannover Re and Hannover Re-Takaful. Pak-Qatar Family Takaful Limited has strategic BancaTakaful alliance with FWU AG, a leading life insurance company based in Munich, for distribution of Takaful policies through banking channels. Pak-Qatar Family Takaful Ltd. is recipient of several domestic and international awards and nominations. PAK-QATAR GENERAL TAKAFUL LIMITEDPak-Qatar General Takaful Limited offers comprehensive General Takaful products’ portfolio for national Takaful market. PQGTL is chaired by Sheikh Ali bin Abdullah al-Thani and sponsored by leading financial institutions of the State of Qatar. The Company’s paid-up capital is in excess of Rs. 400 million, with a with a current credit rating of ‘A-’ (Single A Minus) with ‘Stable’ Outlook by the JCR-VIS Credit Rating Company Limited and "A" (Single A) with Stable Outlook by PACRA. An ever-vigilant Shari’ah Advisory Board chaired by Mufti Muhammad Taqi Usmani and renowned and erudite scholars steers the Group in a direction that suits a Shari’ah-compliant business entity, thereby ensuring commitment to very high professional standards.The Company has strong Re-Takaful arrangements with leading international Re-Takaful operators and is recipient of several domestic and international awards and nominations