KARACHI: Pak-Qatar Family Takaful has partnered with Takaful Bazaar as this partnership aims to promote and offer Shariah Compliant products as well as to smooth the customer handling journey via technology enablement.
The partnership with Takaful Bazaar will enable Pak-Qatar Family Takaful to expand its range of Shariah-compliant products and reach a wider audience.
Takaful Bazaar is a digital platform that provides customers with access to a variety of Takaful products and services from multiple providers. By partnering with Takaful Bazaar, Pak-Qatar Family Takaful can leverage its technology and reach customers who may not have been aware of its offerings previously.
Furthermore, the use of technology will enable Pak-Qatar Family Takaful to streamline its customer handling journey, making it easier and more convenient for customers to access its products and services. This includes features such as online applications, real-time customer support, and digital claims processing.
The agreement signing took place between Azeem Pirani, CEO – Pak-Qatar Family Takaful and Mustafa Rehman and Hassan R. Muhammadi, Co-founders – Takaful Bazaar in the presence of Zeeshan Haider, Head of Alternate Distribution and Banca Takaful – Pak-Qatar Family Takaful.
Speaking at the occasion, Azeem Pirani, CEO - Pak-Qatar Family Takaful, said, “We are excited to collaborate with Takaful Bazaar to provide innovative and affordable family Takaful products that cater to the diverse needs of our customers in Pakistan. We believe that our expertise, combined with Takaful Bazaar’s technology-driven approach, will help us achieve our shared goal of expanding financial protection to a wider audience.”
Speaking at the event, Mustafa Rehman and Hassan R. Muhammadi Co-founders of Takaful Bazaar, said, “We have only one goal which is to provide a financial safety net to the masses in Pakistan. Takaful Bazaar aims to provide a one-stop solution when it comes to takaful. Together with the Takaful industry we will increase the penetration and enhance financial inclusion”.
Overall, the partnership between Pak-Qatar Family Takaful and Takaful Bazaar is an important step towards promoting Shariah-compliant finance and making it more accessible to customers. It also demonstrates the increasing role that technology is playing in the financial services industry, particularly in the area of customer experience.
Copyright Business Recorder, 2023
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