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Home > News and events > Pak-Qatar Family Takaful Signs MoU with Al Baraka Pakistan

Pak-Qatar Family Takaful Signs MoU with Al Baraka Pakistan

Karachi: Pak-Qatar Family Takaful recently came into an agreement with Al Baraka Bank (Pakistan) after a signing ceremony recently held in Karachi. The partnership will enable PQFTL to provide Takaful coverage for the Bank’s “Tabeer Saving Plan” customers in a Shari’ah compliant manner.

The agreement was signed by Mr. Azeem Iqbal Pirani, CEO Pak-Qatar Family Takaful Limited and Mr. Ahmed Shuja Kidwai, CEO Al Baraka Bank Pakistan, along with senior officials..

While speaking at the signing ceremony, Mr. Pirani said, “I am confident that this will help take forward our long-term vision of providing financial protection through Takaful to everyone with solutions that protect their future. It is always encouraging to work with like-minded partners who share the same goals and approach towards offering Shariah compliant solutions for customers.”

Sharing his thoughts about this plan, Mr. Azeem Pirani said: “We, at Pak-Qatar Family Takaful have always strived for creating customized plans for our business partners, which will help in providing them adequate support wherever required. In the same spirit, we have introduced this plan, for which we are happy to have a partner like Al Baraka.”

Speaking on this occasion Mr. Ahmed Shuja Kidwai – CEO Al Baraka Pakistan said that “Al Baraka is always keen to provide unique and innovative products to its customers; through this we will be able to provide another Shariah complaint financial solution for their saving needs.” He also added, “I see this alliance with Pak-Qatar Family Takaful a long-term and promising solution towards our customer’s financial needs with a peace of mind.” Commenting on the partnership, he stated “Al Baraka Pakistan and Pak-Qatar Takaful should further engage in boosting mutually beneficial cooperation which is equally helpful for our customers and will enhance our customer’s loyalty towards the brand. With this partnership our customers can benefit from the Riba-free Takaful coverage along with the peace of their hearts and minds.”

Pak-Qatar Family Takaful always strives to provide the best services to its esteemed members and will continue to do so in its mission to promote Takaful amongst the masses, encompassing education and awareness, and present an image that is consistent with our ideological values.

Press has been published in following Dailies;

Jehan Pakistan



Business Recorder

The News

Express Tribune