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 (having Stable 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. 700 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.
