Pak-Qatar Takaful reviews 2017 financial performance



Pak-Qatar Takaful Group, which comprises of Pak-Qatar Family Takaful and Pak-Qatar General Takaful, reviewed its companies’ performance so far in the current financial year at a meeting held at QIIB headquarters in Doha.
The Board of Directors reviewed and deliberated on the companies’ performance during the current year and advised some measures to be taken to “further strengthen the group’s performance and sustainability.”
Pak-Qatar Takaful Group registered an aggregate combined turnover of Rs6.9b as of October 31.
The board also discussed other possible business opportunities that can be considered alongside the Takaful business, in order to further improve and strengthen the corporate image of the group.
The meetings were chaired by Sheikh Ali Abdullah al-Thani (chairman, Pak-Qatar Takaful Group).
Board members present in the meeting included Dr Abdulbasit Ahmad al-Shaibei, Ali Ibrahim al-Abdulghani, Said Gul and Zahid Hussein Awan.
Mohamed Ashraf Ali Siddiqui and Mohamed Kamran Saleem, Group CFO & company secretary, were also present.
Pak-Qatar Family Takaful Limited, the pioneers of family Takaful in Pakistan, is a progressive Islamic life insurance company providing innovative life Takaful solutions in Pakistan.
Both the companies are chaired by Sheikh Ali Abdullah al-Thani and sponsored by some of the strongest and reputable financial institutions in Qatar. Sheikh Ali, Dr al-Shaibei, al-Abdulghani, Gul and Awan among others at the board meeting of the Pak-Qatar Takaful Group in Doha.—Agencies

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