Karachi, Pakistan – September 09, 2024 – Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Family Takaful solutions and part of Pak-Qatar Group, Pakistan’s premier and pioneer Islamic financial services group, is pleased to announce a unique instant withdrawal facility for its Mahana Bachat customers. This innovative service allows participants to withdraw partial funds in case of emergencies in a matter of minutes with ease and instant access through PQFTL’s mobile app, ‘Pak-Qatar Financial Solutions’ (PQFS) or its online portal.
This is the first time that a Takaful operator in Pakistan has offered such a facility, reinforcing PQFTL’s position as a pioneer in the industry. This integration will enable participants to easily draw their funds, enhancing convenience and accessibility for the users.
Mr. Waqas Ahmad, CEO of Pak-Qatar Family Takaful, expressed his enthusiasm: “We are delighted to offer this innovative instant withdrawal service. Our strategic approach not only enhances our end-to-end service delivery but also aligns with our vision to provide innovative and customer-centric financial solutions. We believe this facility will greatly benefit our participants by providing them with unprecedented ease of access to their funds.”
This unique facility represents a significant step forward in the evolution of Islamic financial services in Pakistan, providing customers with more flexibility and control over their financial assets. PQFTL remains committed to driving innovation and excellence in the Islamic financial services industry and this initiative is a display of PQFTL’s dedication to prioritizing customer satisfaction and convenience.
About Pak-Qatar Family Takaful Limited:
Pak-Qatar Family Takaful is part of Pak-Qatar Group, Pakistan’s premier and pioneer Islamic financial services group. It provides comprehensive Takaful coverage that adheres to the principles of cooperation and mutual support, offering innovative and Shariah-compliant savings & protection solutions to individuals, families, and businesses. The company is rated “A++” (having a Stable Outlook) by VIS Credit Rating Co. Limited and Pakistan Credit Rating Agency (PACRA). The Company’s paid-up capital is in excess of Pak- Rs. 1.3 Billion.
About Pak-Qatar Group:
Pak-Qatar Group stands as Pakistan’s premier and pioneer Islamic financial services group, offering a comprehensive range of savings and protection solutions that adhere to the principles of Shariah-compliant finance. With steadfast commitment to excellence and strong emphasis on Islamic values, the group encompasses companies such as Pak-Qatar Family Takaful Limited, Pak-Qatar General Takaful Limited, Pak-Qatar Investment (Private) Limited and Pak-Qatar Asset Management Company Limited.
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