NEWS aRCHIVE



Pak-Qatar General Takaful Limited - Commences Operations

Having received their license from the Securities and Exchange Commission on the 16th of August 2007 Pak-Qatar General Takaful Limited has commenced General Takaful business in Pakistan. This momentous occasion was celebrated at a Press Conference at a local hotel yesterday. The company also signed its first Takaful policy at this event.

Pak-Qatar General Takaful would offer products such as coverage for Property, Auto, Marine, Engineering and other miscellaneous areas. It is run by a strong and professional management team which is keen to make Takaful a successful concept in Pakistan.

The first policy issued by Pak-Qatar General Takaful was issued to Mr. Moin M. Fudda. He is the Honorary Consul General for New Zealand in Karachi and a recipient of the Sitara-e-Imtiaz. He has served in senior positions in National and International Insurance companies and has held the post of Managing Director of the Karachi Stock Exchange.

Pak-Qatar General Takaful Limited, working together with its sister concern, Pak-Qatar Family Takaful Limited, will be able to offer Family and General Takaful under one umbrella.