Pak-Qatar Takaful Limited (PQTL) inaugurated its Saddar Branch in Rawalpindi recently. The PQTL branch was inaugurated by the Deputy CEO Pak-Qatar Takaful, Muhammad Menhas, along with a senior regional team, according to a press release issued by the company.
Muhammad Menhas stated that he is very pleased to inaugurate the new branch and appreciated the regional team’s commitment and dedication to the long-term promotion of Takaful across Pakistan. He further said that Pak-Qatar Takaful, being the pioneer and largest Takaful company in Pakistan, is committed to the long-term prosperity of Pakistan and Takaful as a whole.
Mr. Menhas added that the new branch at Saddar aims to deliver a complete suite of services to its participants. The branch is the result of PQT’s vision of providing financial protection through Takaful to everyone. It will be a one-stop shop for the Takaful needs of its participants.
Pak-Qatar Family Takaful Limited (PQFTL) is the first and largest Family Takaful Company in Pakistan. The company’s paid-up capital is highest in the industry (above Rs. 1.3 billion). The company’s shareholders include financial institutions from the State of Qatar such as Qatar Islamic Insurance Company (QIIC) and Qatar International Islamic Bank (QIIB) and a leading Munich based life insurer FWU AG. An independent Shari’ah Advisory Board chaired by Mufti Muhammad Taqi Usmani certifies all products and operations for Shari’ah compliance.
Pak-Qatar Family Takaful Limited has one of the largest Takaful branch networks across Pakistan (over 70 branches in more than 60 cities). These branches serve more than 700,000 individual members nationwide. In addition, the company also serves more than 1,000 corporate members across Pakistan.