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.