Pak Qatar General Takaful IPO reaches 40% upper cap on PSX, signals strong investor confidence
Pak Qatar General Takaful Limited makes history on the Pakistan Stock Exchange as its IPO hits the 40% upper price cap within hours, reflecting strong investor appetite for Islamic finance and capital market growth.
Pak-Qatar General Takaful IPO Opens, Set to Raise Rs420 Million on PSX
Pak-Qatar General Takaful Limited (PQGTL) has opened its IPO, aiming to raise Rs420 million and become Pakistan’s first dedicated general Takaful company listed on the Pakistan Stock Exchange, following the success of Pak-Qatar Family Takaful’s listing.
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.