Pak-Qatar General Takaful partners with Takaful Bazaar to enhance reach

KARACHI: The Pak-Qatar General Takaful has partnered with Takaful Bazaar with the aim of promoting and offering Shariah-compliant products and improving customer handling via technology enablement.

Through the partnership with Takaful Bazaar, Pak-Qatar General Takaful is looking to expand its reach and offer its products to a wider audience.

Takaful Bazaar is a digital platform that provides access to Shariah-compliant Takaful products and services from multiple providers. This partnership will enable Pak-Qatar General Takaful to leverage Takaful Bazaar's technology and attract customers who were previously unaware of its offerings.

The agreement signing took place between Saqib Zeeshan, Deputy CEO – Pak-Qatar General Takaful and Mustafa Rehman and Hassan R Muhammadi, Co-founders – Takaful Bazaar in the presence of Muhammad Raza, Head of Operations – Pak-Qatar General Takaful.

Saqib Zeeshan, Deputy CEO - Pak-Qatar General Takaful, said: "We are committed to providing innovative and comprehensive general Takaful solutions to our customers. Our collaboration with Takaful Bazaar is a step towards enhancing the accessibility of our services and promoting financial inclusion. We are confident that our partnership will pave the way for the growth and development of the Takaful industry in Pakistan."

Speaking at the event, Mustafa Rehman & 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.”

The partnership between Pak-Qatar General Takaful and Takaful Bazaar is a significant step towards promoting Shariah-compliant finance and making it more accessible to customers. By offering a variety of products on a user-friendly digital platform, customers can easily protect themselves and their assets. The partnership also highlights technology’s vital role in enhancing customer experience in the financial services sector.

Copyright Business Recorder, 2023