Pak-Qatar Family Takaful signs MoU with Faysal Funds

Pak-Qatar Family Takaful Limited (PQFTL) recently signed an agreement with Faysal Funds (Faysal Asset Management Limited) in order to cover lives of their investors of Voluntary Pension Schemes (VPS). Faysal Funds is an Investment Manager that delivers structured and customized professional investment solutions to its domestic and international clientele.

The ceremony took place at PakQatar Takaful’s Head Office. The MoU was signed by Mr. Azeem Iqbal Pirani, CEO, Pak-Qatar Family Takaful and Mr. Khaldoon Bin LatifCEO, Faysal Funds, along with senior officials from both organizations.

“We are excited to have Faysal Funds on-board with Pak-Qatar Family Takaful. I am confident that this will help take forward our longterm vision of providing financial protection through Takaful to everyone with solutions that protect their future. It is always encouraging to work with like-minded partners who share the same goals and approach towards offering Shariah compliant solutions for customers.” stated Azeem Pirani, CEO, PQFTL.

Mr. Khaldoon Bin Latif, while expressing his views on the occasion said, “It is our pleasure in partnering with Pak-Qatar Family Takaful for our upcoming Shariah Compliant VPS Fund and we are certain that this partnership will lead to further adjoined products that cater to an investor’s need for return as well as protection.

We believe in their mission of educating the masses and making them realize how important it is to secure such protection in case of any unseen circumstances.”.

Pak-Qatar Takaful continues to provide its esteemed members with the best in class services.

Faysal Bank, aleading Islamic bank of Pakistan, has won the Best Islamic Bank for Transformation and Innovation 2021 Award at the Global Islamic Finance Awards (GIFA).

The Global Islamic Finance Awards (GIFA) is one of the most coveted and respectable market-led awards in Islamic banking and finance in the world. Faysal Bank was also the recipient of the Best Emerging Islamic Bank Award last year at GIFA.

Yousaf Hussain, President and Chief Executive Officer Faysal Bank, said, “Alhamdolillah, we at Faysal Bank are honored to be recognized as the Best Islamic Bank for Transformation and Innovation by the Global Islamic Finance Awards 2021.