Tag: Takaful

The United Insurance Company of Pakistan met UIB Asia and Indemnifier to discuss reinsurance treaty structuring and expanding Takaful ties with banks.

A 10Pearls and PICG whitepaper outlines how IFRS 17, the Insurance Bill 2026, and AI could reshape Pakistan's insurance industry and raise penetration.

Pakistan’s insurance industry has reached Rs4 trillion in assets, but insurance penetration remains at just 0.7% of GDP.

ICAP will host a sector spotlight on Pakistan’s insurance industry, covering finance, taxation, regulation, ESG, technology and AI

AutoSoft Dynamics has partnered with Ozoned Digital to integrate embedded insurance and Takaful capabilities into its core banking platform.

Mobilink Bank and Yango have partnered to offer Shariah-compliant vehicle and handset financing to eligible drivers, starting in Karachi.

Easypaisa partners with 5th Pillar Family Takaful to launch a Shariah-compliant Umrah savings plan with travel facilitation upon maturity.

TPL Life and Mobilink Bank expand their partnership to introduce Unit-Linked Takaful Plans and Shariah-compliant insurance solutions.

Jubilee Life Insurance Kashf Foundation and UNDP launch Khushal Mustaqbil Takaful a micro savings and protection product for women in underserved Pakistani communities.

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Faysal Bank Limited and EFU Life Assurance Ltd have launched two innovative Takaful products, the EFU Takaful Zenith Plan and EFU Takaful WIN FitCover Plan — to promote financial growth, protection, and wellbeing for customers seeking Shariah-compliant solutions.