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AlHuda Centre of Islamic Banking and Economics (AlHuda-CIBE)
again showed their strength by organizing the "4th International Conference and Exhibition on Islamic Banking and Takaful" on November 02, 2010 at Expo Centre, Lahore, Pakistan. A long awaited event which brought together the scholars and practitioners from all over the globe on platform on one day was organized in the most difficult time of the current period....
 
Exclusive Report "4th International Conference and Exhibition on Islamic Banking and Takaful"
 
 
 
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PQFTL Board Decides to issue 33% right shares!
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The Board of Directors of Pak-Qatar Family Takaful has decided to further invest in the company by issuing right shares upto 33% of the base capital. This was decided in the Board of Directors meeting of Pak-Qatar Family Takaful held in Doha recently.

The meeting was chaired by H.E. Shaikh Ali bin Abdullah Al-Thani chairman board of director and was also attend by all the members.

CEO, PQFTL Mr. P. Ahmed apprised the Board on the state-of-affairs of the Company and presented the progress report; Shaikh Thani and other members of the board expressed their satisfaction and appreciated the performance so far despite the difficult socio-economic conditions of the country.

Shaikh Ali bin Abdullah Al-Thani assured his full support to PQFTL. He said that PQFTL "has the institutional capacity to cater to the protection and long-term investment needs of the people of Pakistan." The sponsors of Pak-Qatar, who are leading financial institutions from the state of Qatar including QNB, Masraf Al-Rayan, QIIB, QIB, QIIC, The Amwal group and German base FWU group, showed their long term commitment to the country and pledged to provide assistance to support the cause of Takaful in Pakistan.

Pak-Qatar Family Takaful Limited, the pioneers of family Takaful (Islamic life insurance) in Pakistan, started its operations in October 2007 and achieved rapid growth in a span of 3 years.

 
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