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Sunday, August 28, 2011

Pak Qatar Main Khosh Aamdeed - Welcome to Pak-Qatar

Pioneer Takaful Company of Pakistan
Pioneer of Family Takaful in Pakistan, Pak-Qatar Family Takaful Ltd. today has presence in all major cities of Pakistan and is expanding its branch network for Individual and Corporate members further to achieve its vision of providing financial protection to everyone through Takaful. In addition to Individual and Group products, the Company has strategic BancaTakaful partnerships with leading national financial institutions to cater to its clientele’s needs. The Company is registered with and supervised by Securities and Exchange Commission of Pakistan (SECP), and has a current rating of “A- Minus (Having Positive Outlook)” by JCR-VIS Credit Rating Co. Ltd. Pak-Qatar Family Takaful Ltd.’s paid-up capital stands today in excess of Rs. 600 million, with the Company being sponsored by some of the strongest financial institutions from the State of Qatar. Consequently, all financial indicators point towards record-breaking successes for the Company in the future.

Pak-Qatar Family Takaful Ltd. is striving to deliver cost-effective and competitive Takaful coverage to its members throughout Pakistan. The Company’s dedicated, competent and highly professional fund management team extracts full benefits from the heavy investment in technology. Moreover,the Company has forged Re-Takaful relationships with leading international financial institutions. The ever-vigilant Shariah Advisory Board of renowned and erudite scholars steers the Company in a direction that suits a Shariah-compliant business entity, thereby ensuring commitment to very high professional and professional standards.

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Pak-Qatar Family Takaful Ltd - A Brief Overview

Pak-Qatar Family Takaful Ltd
Pak-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 minus (having Positive Outlook) by JCR-VIS Credit Rating Co. Ltd.

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 such as Qatar Islamic Insurance Company (QIIC), Qatar International Islamic Bank (QIIB), Qatar Islamic Bank (QIB), Qatar National Bank (QNB), the Amwal Group, Masraf Al-Rayan and Munich-based FWU AG. 

Pak-Qatar is the first dedicated Takaful Group in Pakistan starting with both Family and General Takaful operations. The paid-up capital of Pak-Qatar Family is in excess of Rs. 600 million.

The company is further strengthened by its Re-Takaful arrangements with Munich-Re, Hannover Re and Takaful–Re. We are well-positioned to ensure exemplary client-service following heavy investments in procurement of state-of-the art technology from Malaysia and in SAP ERP solutions. We have strategic BancaTakaful alliance with FWU AG.

Pak-Qatar Family is recipient of several domestic and international awards and nominations. In 2009, the company won the ‘Best Family Takaful’ award by 1st National Achievers Award. Karachi, and the ‘Best Use of Technology’ award by the Islamic Business & Finance Awards, UAE.

We are present in multiple heartlands of Pakistan and fast-moving into smaller cities and towns. As a flag-bearer of Takaful, we are constantly engaged in community-development through Takaful.

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