Pak Qatar Family Takaful Limited (PQFTL) recently signed an agreement with Faysal Funds to cover the lives of its investors in voluntary retirement plans (VPS). Faysal Funds is an investment manager that provides structured and customized professional investment solutions to its local and international clients.
The ceremony was held at the headquarters of Pakistan and Qatar Takaful. The MOU was signed by Azeem Iqbal Pirani, CEO of Pak Qatar Family Takaful, and Khaldoon Bin Latif, CEO of Faysal Funds, as well as senior officials from both institutions.
“We are delighted to have Faysal Funds participating in Pak Qatar Family Takaful. I am convinced that this will help advance our long-term vision of providing financial protection by providing all solutions that protect their future. It is always a pleasure to work with like-minded people with the same goals and approach to providing clients with Sharia-compliant solutions. ”Said Azeem Iqbal Pirani, CEO of PQFTL.
Khaldoon Bin Latif expressed his opinion on the event: “We are delighted to be working with Pak Qatar Family Takaful to establish a Shariah-compliant VPS fund and we are confident that this partnership will lead to neighboring products that meet the investor’s return and protection needs. We believe in their mission to educate the masses and make them understand the importance of providing this protection in unforeseen circumstances. “
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