Pak-Qatar General Takaful Ltd. (PQGTL) a dedicated Takaful operator pioneering in General Takaful products in Pakistan and Pak Oman Asset Management Company Ltd. (POAMCL) (a subsidiary of Pak Oman Investment Company Ltd) have signed an agreement according to which Pak-Qatar General Takaful will provide Takaful coverage to the unit holders of Pak Oman Advantage Islamic Fund (POAIF), an open-end Islamic asset allocation fund and Pak Oman Advantage Islamic Income Fund, (POAIIF) an open-end Islamic fixed-income fund.
The agreement was signed by Mr. M. Vaqaruddin, CEO, PQGTL & Ms. Hina Ghazanfar, MD & CEO POAMCL. Eligible investors of POAIF and POAIIF will be provided Takaful coverage against the risk of accidental death and disablement.
PQGTL and POAMCL are always looking for innovation in terms of the quality and content of products launched and the signing up of Takaful coverage agreement between both the companies is just a step in this direction.
M. Vaqaruddin, CEO - Pak-Qatar General Takaful said that Pak-Qatar Takaful is always looking for ways to provide value added products to its customers.  “By joining hands with POAML we will be able to reach out to many people who would otherwise not have the benefit of a customer centric and Shariah compliant risk mitigation tool.”