Pak-Qatar Family Takaful Limited Two Decades of Legacy and Trust

Established in 2006 and operational since 2007, Pak-Qatar Family Takaful Limited (PQFTL) is Pakistan’s first and largest Family Takaful company.

Since its inception, PQFTL has led the way in providing ethical, Shariah-compliant investment and protection solutions, reshaping the landscape of Family Takaful through a unique blend of trust, innovation, and inclusive growth.

Backed by prominent Qatari financial institutions; Qatar Islamic Insurance Company, Qatar International Islamic Bank and Sharq Holding LLC, PQFTL enjoys robust international support.

Its strategic partnership swith top global reinsurers such as Munich Re and Hannover Re further reinforce its financial strength and global reliability.

PQFTL’s Shariah governance is overseenby a respected Shariah Advisory Board, chaired by Mufti Muhammad Hassaan Kaleem,continuing the legacy of Islamic finance pioneer Sheikh Mufti Muhammad Taqi Usmani. This ensures that every product and processs adheres strictly to Islamic principles.

With a robust portfolio of innovative, Shariah-compliant solutions, PQFTL addresses the evolving needs of its customers. Its products bouquet includes Mahana Bachat and Takaful Flexi Plan, Education & Marriage Savings Plans, Priority Takaful, Group Family & Health Takaful. Notably, PQFTL is the first Takaful company in Pakistan to launch a Voluntary Pension Scheme (VPS), empowering individuals to secure their post-retirement future in a halal way.

Today, PQFTL proudly serves over 5 million individual clients and around 3,000+corporate clients through a strong nation wide network of100+ cities, supported by 2,700+ dedicated professionals. The company achieved are markable 25% growth in customer base in the past year alone.

Recognized for its excellence, PQFTL was awarded Leading Takaful Company at Elevate 2024 by CxO Global Forum, received the Disability Inclusion Excellence Award by the Employers’ Federation of Pakistan, and earned the Best Takaful Company title by FPCCI in 2020.

At its core, PQFTL is driven by a strong customer-first approach, offering a seamless digital experience through its mobile app, digital solutions like on boarding, withdrawals and reinvestments, AI-powered chat bots, and advanced CRM. With a mission to introduce innovative products that simplify life while ensuring Shariah compliance, PQFTL remains a trusted partner in protecting what matters the most.

Copyright Business Recorder, 2025