Faysal Bank Limited (FBL) and EFU Life Assurance Ltd (EFU) have entered into a distribution alliance for EFU Life's Window Family Takaful Products under a dedicated brand "Hemayah." The signing ceremony was held at Faysal Bank Head Office in Karachi and the agreement was signed by Nauman Ansari, President & CEO, FBL and Taher G. Sachak, Managing Director & Chief Executive Officer, EFU Life. The ceremony was also attended by senior officials of both organisations.
Addressing the gathering, Nauman Ansari, said "EFU Life is one of our oldest and most reliable partners in the Bancassurance business and we are pleased to have entered into a Takaful arrangement with them. Shariah-compliant products are a major growth segment for Faysal Bank, and with the signing of this agreement, we have taken yet another step towards creating a strong and diverse product menu of our customers. With the continued support of our business partners we hope to add maximum value to the wealth management solutions being offered to our clients and expand our base of Shariah-compliant offerings for our Islamic segment."-PR
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