Pak-Qatar Family Takaful Plans $3.9 Million IPO to Boost Islamic Insurance Growth in Pakistan
Pak-Qatar Family Takaful plans to raise $3.9 million through an IPO in Pakistan, supported by leading Qatari investors. The offering aims to strengthen capital, expand digital channels, and boost Islamic insurance growth in a rapidly evolving financial landscape.
Faysal Bank launches Shariah-compliant car insurance with discounted rates for Noor Credit Card holders
Faysal Bank partners with Jubilee General Takaful to roll out Jubilee Takaful Secure Drive, a Shariah-compliant car insurance plan offering reduced rates for Noor Credit Card holders, with flexible monthly payments and comprehensive coverage.
NBP Partners with Jubilee Life to Introduce Shariah-Compliant Takaful and Savings Plans Across Pakistan
National Bank of Pakistan and Jubilee Life Insurance have joined hands to launch innovative Shariah-compliant and conventional insurance products, expanding healthcare and savings options to support financial security for Pakistanis nationwide.
Takaful Holds 12% Share in Pakistan’s Insurance Market: SECP Unveils Strategic Study
The Securities and Exchange Commission of Pakistan (SECP) reports that Takaful accounts for 12% of the national insurance sector, highlighting key challenges and proposing reforms to grow the Islamic insurance landscape in Pakistan.