FBL signs MoU with Jubilee General Takaful

KARACHI: Faysal Bank Limited has signed a distribution agreement with Jubilee General - Window Takaful Operations, which will pave way for launch of numerous Takaful offerings to be distributed to Faysal Bank customers aimed at to further enhance and enrich the wealth management product menu.

The first product to be launched under this agreement is Takaful Health Cover Plan which will offer hospitalization coverage and other benefits to customers, said press release on Tuesday.

The signing ceremony was held at the Bank's Head Office here in the presence of senior officials from both organizations including Tahir Yaqoob Bhatti, Head of Retail Banking, Faysal Bank and Azfar Arshad, Head of Operations Jubilee General Insurance Company Limited.