Vision, Mission & Core Value
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Board of Directors
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ReTakaful Arrangements
Unit Prices of the Investment Fund managed by Pak Qatar Family Takaful
Aggressive 615.31
Balanced 643.04
Conservative 649.9
Last Updated: Wednesday, September 08, 2010
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Board of Directors

Sheikh Ali Bin Abdullah Thani J. Al-Thani – Chairman

A member of the Royal Family, Sheikh Ali is a prominent businessman in Qatar. By qualification he is Bachelor of Science in Political Science from Portland State University, USA. Currently, he is the Chairman of Umm-Haish International, and Al-Jazeera Trading & Contracting. Earlier, he was the Chairman of Qatar International Islamic Bank.

Mr. Izzat Muhammad Al-Rasheed – Vice Chairman

A highly accomplished Qatari citizen and a professionally qualified accountant having wide-ranging experience in various fields, including government, public sector, oil & gas, banking and a long-standing involvement in the telecommunications field. Masters in Business Administration from the University of Denver, USA and Associate member of Association of Chartered Certified Accountants, UK, he is the General Manager at Qatar Islamic Insurance Company.

Mr. Abdul Basit Ahmad Al-Shaibei – Director

By qualification, Abdul Basit is a Bachelor of Science in Business Administration from Fayetteville University, North Carolina, USA. Currently, he is the Managing Director of Qatar International Islamic Bank and Board member of Islamic Financial Securities Company, Doha.

Choudhry Muhammad Wasi – Director

Overall practical and professional experience of Choudhry Muhammad Wasi spreads over period of 36 years in Managerial Finance, IT Project Management and Implementation, Development of IT documentation, Supervision and active participation in development of Policies & Procedures, Standardization of Islamic Banking documentation, and Strategic Planning of the Bank. He is the fellow member of the Institute of Chartered Accountants of Pakistan and currently serving Qatar Islamic Bank as Assistant General Manager. He had been the Coordinator and Project Manager for establishing retail and investment Banks in the United States of America and the United Kingdom.

Mr. Mark David Diab – Director

Company: Amwal Asset Management

Title: Managing Director - Asset Management, Amwal

Nationality: British

Previous Position: was a Vice President with the SDC Group in London, responsible for equity portfolios and direct investment activities globally. He was also responsible for raising funds, investment selection, negotiating term sheets and deal structuring

Relevant Experience:

  • Managed Amwal’s proprietary book which outperformed the DSM Index by 38.8% since inception (December 2006) to April 2009
  • Managed US equity portfolios for high net worth clients such as Sting’s production company (Steerpike Limited), achieving returns of over 58% during a period where the S&P 500 Index rose only 3.57%
  • Attracting Middle Eastern Investments to major Chinese IPOs including China Telecom and PetroChina Country

Expertise: US, Middle East, and North Africa

Education:

  • BA in Economics, American University of Beirut
  • MBA, University of Cambridge
Mr. Said Gul – Director

Civil Engineer, by Profession, Mr. Said Gul is a prominent Pakistani businessman in the State of Qatar. Currently, he is working Executive Director of Eurotec Projects Development for Oil & Gas, a Trading and Consultancy Enterprise. Earlier, he had been associated with Qatar Petrochemical Company as Head of General Services for a period of 17 years. Thereafter, he was Director Operations at Al-Muftah Projects & Industrial Services for 14 years.

Mr. Ali Abdullah Darwish – Director

Mr. Ali Abdulla Darwish is currently the Assistant General Manager, Head of Financial Institutions & Correspondent Banking with Qatar National Bank (QNB), the largest bank in the State of Qatar.

Mr. Darwish joined QNB back in 1995 after receiving his Bachelor Degree in Business Administration from Arizona State University. Throughout his tenure at the Bank, Mr. Darwish was promoted on various occurrences, taking on multitude of responsibilities within the Corporate Banking, to his current managerial position, overseeing a team of 5 senior professionals and administrative staff.

As part of widening his experience and knowledge, Mr. Darwish attended various seminars, workshops, and advanced courses in International Banking, Bank Credit Risk and Financial Analysis, offered by reputed global financial institutions such as JPMorgan Chase, Royal Bank of Scotland, and specialized agencies such as Standard & Poor, Capital Intelligence, Euromoney and other.

Mr. Darwish has represented QNB on many occasions in international events and forums such as the annual IMF-Worldbank Meeting, the rating agencies award ceremonies, and so forth. He has also represented the Bank on Board Meetings for financial institutions where QNB owns a stake. Currently, Mr. Darwish sits on the Board of Directors of the Housing Bank for Trade & Finance of Amman Jordan, and the Pak-Qatar Takaful Group (comprising of Pak-Qatar Family Takaful Limited & Pak-Qatar General Takaful Limited) of Doha Qatar.

Mr. Zahid Hussain Awan – Director

Graduate from Punjab University, overall practical and professional experience of Mr. Zahid Hussain Awan spreads over period of 36 years in Banking Industry. Currently, he is associated with Qatar International Islamic Bank as Manager International Banking Services.

Dr. Manfred J. Dirrheimer – Director

He is Chairman of the Board of Directors of FWU AG.

After several jobs in teaching and research, for example as a Professor at the University of Dallas, Texas, and as the founder and shareholder of the FWU Forschungsgesellschaft für Wettbewerb- und Unternehmensorganisation (Research Institute for Competitive and Corporate Organisation) in Munich, Dr. Dirrheimer has been a Director and member of the Supervisory Board of several insurance companies.

Dr. Dirrheimer has been an executive partner in the FWU Finanz- und Wirtschaftsberatung GmbH, the precursor company to today's FWU AG, since 1994.

Pervaiz Ahmed - Director and CEO

P. Ahmed is currently the Director and founding Chief Executive Officer of Pak-Qatar Family Takaful Limited, the fastest growing Takaful Company in Pakistan and in the region. The company is sponsored by leading financial institutions from the State of Qatar and Munich-based FWU AG and specializes in providing need-based Family (Life) Takaful solutions.

Ahmed has held leadership positions with prominent life insurance companies where he served in various Underwriting, Finance, and Sales & Marketing roles. His experience spans over 20 years in Life Insurance and Takaful. Prior to establishing Pak-Qatar Family Takaful, he was associated with a management training and consultancy firm in Middle East and Pakistan as Chief Operating Officer and Organizational Development Consultant.

A dynamic personality and an engaging speaker, Ahmed is regularly sought for interviews and discussions on Takaful by electronic media, radio, and print.

He is regarded as one of the pioneers of Bancassurance and the concept of Family Takaful in Pakistan.

He may be contacted at: p.ahmed@pakqatar.com.pk

 
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