IslamicFinance.de

Faysal Bank Limited has signed a Bancatakaful agreement with Pak-Qatar Family Takaful Limited and FWU AG a global facilitator of Bancatakaful at Faysal House Karachi recently.
Bancatakaful agreement was signed by Aarij Ali, Head Retail Banking of Faysal Bank Limited and P. Ahmed, CEO Pak-Qatar Family Takaful Limited.

A key joint venture of Qatar Islamic Insurance Company in Pakistan has in collaboration with a local bank and FWU AG launched lucrative Shariah-compliant long-term savings schemes.
Pak-Qatar Family Takaful Limited has inked a deal in Karachi with Dawood Islamic Bank Limited and FWU AG to provide bank customers long-term savings plans enabling them to secure their future financially.
According to the strategic agreement, Dawood Islamic Bank would distribute Shariah compliant Bancassurance (BancaTakaful) products across its branch network.
The agreement was signed by CEO Pak-Qatar Family Takaful P Ahmed, and Pervez.
These products will provide DIB’s customers with Long term Savings plans specifically catered to fulfil their future financial needs.