KARACHI:

Pakistan's leading Islamic bank, Meezan Bank and one of the country's most prominent Takaful operators, Pak Kuwait Takaful Co Ltd have entered into an agreement whereby Pak Kuwait Takaful will provide Takaful (Islamic Insurance) coverage for the properties financed by Meezan Bank through its housing finance product 'Easy Home'. At the memorandum of understanding signing ceremony, Muhammad Raza, Group Head Consumer Banking & Marketing at Meezan Bank said that, "Meezan Bank is committed to provide a completely Shariah-compliant and comprehensive product menu". Syed Waqar Azeem, Head of Marketing & Sales of Pak Kuwait Takaful said that "We are delighted to be partnering with Meezan Bank, which has the largest Islamic Banking branch network in the country and is one of the leaders in the Home Financing sector in Pakistan".