Faysal Bank Collaborates with EFU General to Launch “Mehfooz Ghar Takaful Plan”

Faysal Bank Limited (FBL) in collaboration with EFU General – WTO is proud to announce the launch of the “EFU Mehfooz Ghar Takaful Plan,” a groundbreaking house takaful plan designed to provide homeowners with unparalleled protection.

The signing ceremony for this was held at Faysal Bank Limited’s Head Office.

The agreement was signed by Mr. Ahmed Anwar Hemani, Head of Retail Products & Wealth Management at Faysal Bank Limited, and Mr. Syed Salman Rasheed, Deputy Managing Director of EFU General – WTO.

The event was attended by senior leaders from both organizations, including Mr. Fahad Khan, Head of Wealth Management and Priority Banking at FBL, and Muneeb Khan, along with Mr. Kamran Rashid, Executive Director from EFU General.

Your home is more than just a structure, it is where your memories are made and cherished and that is why protecting it matters. This comprehensive takaful plan covers the structure of the home, its contents, and even valuables, with coverage extending up to PKR 100 million, ensuring that homeowners are safeguarded against a wide range of risks and uncertainties.

The EFU Mehfooz Ghar Takaful Plan is tailor-made to address the unique needs of homeowners in Pakistan, offering them peace of mind by protecting their most valuable assets. This plan covers not only the physical structure of the home but also its contents such as furniture, electronics, and appliances, along with Cash and jewelry. Whether its damage caused by natural disasters such as floods or earthquakes, or incidents like fire, theft, or vandalism, the plan ensures that homeowners are fully protected.

This collaboration marks a significant milestone in Faysal Bank’s commitment to bringing innovative, Shariah-compliant solutions to the market. Mr. Ahmed Anwar Hemani remarked: “At Faysal Bank, our customers are at the heart of everything we do. We are constantly seeking ways to innovate and offer products that not only provide financial security but also deliver peace of mind. The EFU Mehfooz Ghar Takaful Plan is a testament to our dedication to enhancing the lives of our customers by offering them comprehensive protection in times of uncertainty.”

Mr. Syed Salman Rasheed echoed these sentiments, saying: “We are proud to partner with Faysal Bank to launch a product that addresses a critical need in the market. With the EFU Mehfooz Ghar Takaful Plan, homeowners can feel confident that their homes, belongings, and loved ones are protected. We are committed to delivering exceptional service and ensuring that our customers feel secure in every aspect of their lives.”

Hot this week

Easypaisa Digital Bank Executives Conduct Training Session For NIBAF New Inductees

Easypaisa Digital Bank executives deliver an on-site training session at NIBAF covering digital banking architecture, APIs, cloud management and technology governance.

Pakistan Banks Association Announces Winners At 11th Pakistan Banking Awards 2026 Ceremony

Pakistan Banks Association congratulates winners of the 11th Pakistan Banking Awards 2026, recognizing excellence across banking, digital banking, agriculture and microfinance.

OPay Announces Digital Strategy And User Research With AI Webinar For National Innovation Challenge

OPay is set to host a webinar on Digital Strategy and User Research With AI as part of the OPay National Innovation Challenge Webinar Program on August 22, 2026.

JazzCash Chief Product Officer to Discuss Stablecoins and Cross-Border Payments at IAMTN Summit 2026

JazzCash Chief Product Officer Aamir Aftab will join an IAMTN Summit panel discussing stablecoins, remittances and cross-border payments.

ABHI Microfinance Bank Reaches PKR 500 Million Merchant Financing Milestone Through DigiKhata

ABHI Microfinance Bank and DigiKhata have crossed PKR 500 million in merchant financing, targeting PKR 1 billion by December 2026.

Topics

Easypaisa Digital Bank Executives Conduct Training Session For NIBAF New Inductees

Easypaisa Digital Bank executives deliver an on-site training session at NIBAF covering digital banking architecture, APIs, cloud management and technology governance.

Pakistan Banks Association Announces Winners At 11th Pakistan Banking Awards 2026 Ceremony

Pakistan Banks Association congratulates winners of the 11th Pakistan Banking Awards 2026, recognizing excellence across banking, digital banking, agriculture and microfinance.

OPay Announces Digital Strategy And User Research With AI Webinar For National Innovation Challenge

OPay is set to host a webinar on Digital Strategy and User Research With AI as part of the OPay National Innovation Challenge Webinar Program on August 22, 2026.

JazzCash Chief Product Officer to Discuss Stablecoins and Cross-Border Payments at IAMTN Summit 2026

JazzCash Chief Product Officer Aamir Aftab will join an IAMTN Summit panel discussing stablecoins, remittances and cross-border payments.

ABHI Microfinance Bank Reaches PKR 500 Million Merchant Financing Milestone Through DigiKhata

ABHI Microfinance Bank and DigiKhata have crossed PKR 500 million in merchant financing, targeting PKR 1 billion by December 2026.

ABHI Microfinance Bank Joins EPL Summit 2026 To Discuss Digital Payments Financial Inclusion And Banking Technology

ABHI Microfinance Bank joins EPL Summit 2026 as Strategic Partner to contribute to discussions on digital payments, financial inclusion and banking technology.

Premier PayFast Joins Pakistan Fintech Network To Expand Digital Payment Services Across Businesses Nationwide

Premier PayFast joins Pakistan Fintech Network as an SBP-licensed PSP and MSP offering digital payment acceptance through cards, bank accounts, wallets and Raast.

PVARA Opens Virtual Asset Licensing Portal As Pakistan Ends Eight-Year Prohibition On Cryptocurrency Businesses

PVARA has notified virtual asset licensing regulations and opened its licensing portal for providers seeking to operate in Pakistan.
spot_img

Related Articles

Popular Categories