KARACHI: Pak-Qatar Takaful Group (PQTG), Pakistan’s Pioneer and the Largest Takaful Group, recently at a ceremony awarded two more scholarships to MS IBF students Mr. Muhammad Adil  and Mr. Hamza Younis – highest meritorious students at the Institute of Business Administration – Centre of Excellence in Islamic Finance (IBA-CEIF), Karachi. The Scholarship cheques were awarded by CEO, PQFTL – Mr. Azeem I. Pirani. Dr. Ishrat Hussain, Advisor to the Prime Minister on Institutional Reforms and Austerity and other senior management team were also present at the occasion.

Pak-Qatar Takaful Group is a strategic partner of IBA-CEIF and has collaborated with the institute nationwide to support valuable initiatives and academic programmes for nurturing qualified professionals with specialized skills in managing Shari’ah-Compliant financial business models. Since 2018, PQTG has awarded student scholarships worth PKR 2.5 Million to IBA – CEIF.

Mr. Azeem I. Pirani, CEO of PQFTL said, “We are extremely honored to be associated with IBA-CEIF and our company’s values are fully aligned Dr. Ishrat Husain’s vision of promoting Islamic Finance across Pakistan. This scholarship is just one of many areas we look forward in contributing our common shared goal spreading Takaful as part of Islamic Finance as a Shari’ah compliant alternative to the people of Pakistan nationwide”.

About Pak-Qatar Family Takaful:

Pak-Qatar Family Takaful Limited (PQFTL) is the first and largest Family Takaful Company in Pakistan. An independent Shari’ah Advisory Board chaired by Mufti Muhammad Hassaan Kaleem certifies all products and operations for Shari’ah compliance. The company’s shareholders include some of the strongest financial institutions in the state of Qatar such as Qatar Islamic Insurance Company (QIIC), Qatar International Islamic Bank (QIIB) and FWU AG (Germany), a leading technology company based in Munich, Germany.

Pak-Qatar Family Takaful Limited has one of the largest Takaful branch networks across Pakistan (over 160 branches in 100+ cities). These branches serve more than 560,000 individual members nationwide. In addition, the Group also serves more than 1,000 corporate covered members across Pakistan.