KARACHI: Pak-Qatar Family Takaful Limited (PQFTL) recently signed an agreement with Faysal Funds (Faysal Asset Management Limited) in order to cover lives of their investors of Voluntary Pension Schemes (VPS). Faysal Funds is an investment manager that delivers structured and customised professional investment solutions to its domestic and international clientele.
The ceremony took place at Pak-Qatar Takaful's head office. The MoU was signed by Azeem Iqbal Pirani, CEO, Pak-Qatar Family Takaful and Khaldoon Bin Latif, CEO, Faysal Funds, along with senior officials from both organisations.
"We are excited to have Faysal Funds on-board with Pak-Qatar Family Takaful. 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," stated Azeem Pirani, CEO, PQFTL.
Khaldoon Bin Latif, while expressing his views on the occasion, said, "It is our pleasure in partnering with Pak-Qatar Family Takaful for our upcoming Shariah Compliant VPS Fund and we are certain that this partnership will lead to further adjoined products that cater to an investor's need for return as well as protection."
Copyright Business Recorder, 2021
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