CCP Approves Jazz Acquisition of TPL Insurance to Expand Digital Financial Services
The Competition Commission of Pakistan has cleared Jazz International Holding Limited to acquire a controlling stake in TPL Insurance to boost digital inclusion.
SECP Approves New Annuity Products to Modernize Pakistan Retirement System and Financial Security
The Securities and Exchange Commission of Pakistan introduces a range of new annuity products including life-contingent and hybrid schemes to ensure stable post-retirement income.
Insijam and Sindh Insurance Sign Strategic Partnership to Offer Takaful Solutions
Insijam signs a strategic agreement with Sindh Insurance Limited, becoming the first aggregator to collaborate with the government-backed insurer to expand Takaful solutions across Pakistan.
EFU Life and Mawazna Partner to Redefine Health Protection Through Digital Innovation
EFU Life and Mawazna.com have joined forces to launch digital-first, cashless health insurance solutions, including both Conventional and Takaful options. This partnership aims to make quality healthcare more accessible and convenient for families across Pakistan through technology-driven financial protection.
Faysal Bank and EFU Life Launch Innovative Takaful Plans to Enhance Financial Inclusion and Wellness
Faysal Bank and EFU Life have launched two new Takaful products designed to integrate financial protection with wellness and long-term prosperity, marking a new milestone in Shariah-compliant financial solutions in Pakistan.
SECP Hosts Strategic Roundtable on the Future of Takaful in Pakistan’s Evolving Financial Landscape
The SECP hosted a strategic roundtable in Karachi to shape the future of Takaful in Pakistan, uniting key industry leaders, global brokers, Shariah scholars, and policymakers to accelerate Shariah-compliant insurance growth and align it with its Five-Year Strategic Plan.