Pak-Qatar General Takaful partners with Al Baraka Bank (Pakistan) for takaful coverage

Pak-Qatar General Takaful partners with Al Baraka Bank (Pakistan) for takaful coverage

Karachi, December 28, 2020: Al Baraka Pakistan signed a “Service Level Agreement” (SLA) with Pak-Qatar General Takaful in a recently held signing ceremony which took place at its Head Office. The partnership will enable Bank to provide Takaful coverage for its “AL Baraka Business Plus” customers.

Al Baraka Business Plus Account has evolved with time to offer ease, flexibility and a wide range of unmatched free services. This product is specially tailored to match all the daily needs of business class and individual customers along with Takaful protection.

The SLA was signed by Mr. Muhammad Nasir Ali Syed, CEO Pak-Qatar General Takaful and Mr. Ahmed Shuja Kidwai, CEO Al Baraka Bank Pakistan along with senior officials from both organizations including; Mr. Farhan Baig – Deputy CEO (Business), Mr. Muhammad Zahid Ahmed – Deputy CEO (Support) representing Al Baraka while Mr. Mehmood Arshad – Country Head Sales & Marketing and Mr. Muhammad Kashif – JSVP Channel, Strategy and Development were also present at the occasion.

Talking at the occasion Mr. Nasir Ali Syed said, “It is indeed an honor for us to provide Takaful coverage for valuable customers of Al Baraka. I hope this business partnership will continue for years to come and serve the customers with more attractive, innovative and customized products following Shari’ah guidelines.”

Speaking on this occasion Mr. Ahmed Shuja Kidwai said, “Al Baraka is always keen to provide unique and innovative products to its customers; through this we will be able to provide another Shariah complaint financial solution”. He added, “I am hopeful that this alliance with Pak-Qatar General Takaful will go a long way and will offer promising solutions to our customers’ financial needs.”