Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Pak-Qatar Takaful Group posts strong 2013 results  Join our daily free Newsletter

MENAFN - The Peninsula - 29/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - The Peninsula) Pak-Qatar Takaful Group recorded a strong growth with a combined turnover of Rs5.5bn (54m) for the year ended December 31, 2013. The Group made a profit of Rs74m (0.7m) during the year.

Pak-Qatar Takaful Group, which comprises of Family Takaful and General Takaful, reviewed and approved the financial statements of Pak-Qatar Family Takaful and Pak-Qatar General Takaful for the year during the group's board meeting held recently in Doha at International Islamic.

The meeting was chaired by Sheikh Ali Abdullah Al Thani, the Chairman of the Pak-Qatar Takaful Group. Board of Directors present in the meeting included Said Gul, Managing Director for the Group, Abdul Basit Al Shaibei, Zahid H Awan, M Owais Ansari and M Kamran Saleem, CFO & Company Secretary. Sheikh Ali appreciated the Group's performance during the year 2013.

Pak-Qatar Family Takaful Ltd, the pioneers of Family Takaful, is a progressive and a technology-driven Shari'ah-compliant company providing innovative Takaful solutions in Pakistan. The company is chaired by Sheikh Ali bin Abdullah Al Thani and sponsored by some of the strongest financial institutions form Qatar.

The company's paid-up capital is in excess of Rs710m, with credit rating of 'A' (Stable Outlook) by JCR-VIS Credit Rating Co Ltd.Pak-Qatar Family is recipient of several domestic and international awards and nominations.

Pak-Qatar General Takaful Ltd offers a comprehensive products' portfolio for the national Takaful market. The company's paid-up capital is in excess of Rs407m, with credit rating of 'A-' (Stable Outlook) by the JCR-VIS Credit Rating Company Ltd. The company is the recipient of several domestic and international awards.

 


The Peninsula




  MENA News Headlines
 Sep 18 2014 - Kuwait- Foreign missions laud Humanitarian LeaderArab Times
(MENAFN - Arab Times) KUWAIT CITY Sept 17 (KUNA): His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received on Wednesday heads of diplomatic missions who expressed congratulations on his ...

 Sep 18 2014 - Austrian traffic cop has crap dayArab News
(MENAFN - Arab News) VIENNA: A traffic cop in Austria got more than he bargained for after a booby trap covered him head-to-toe in manure as he was trying to catch people speeding police said on ...

 Sep 18 2014 - Al-Hilal poised to make ACL finalArab News
(MENAFN - Arab News) RIYADH: Al-Hilal coach Laurentiu Reghecampf has warned his players not to get ahead of themselves after they put one foot in the Asian Champions League final with a 3-0 victory ...

 Sep 18 2014 - Top-seed Kerber reaches Pan Pacific quartersArab News
(MENAFN - Arab News) TOKYO: Top-seeded Angelique Kerber of Germany beat Ukraine's Elina Svitolina 6-4 6-4 Wednesday to reach the quarterfinals of the $1 million Pan Pacific Open in Tokyo.Kerber the ...

 Sep 18 2014 - Clashes in Bangladesh after top Islamist spared death sentenceArab News
(MENAFN - Arab News) DHAKA: Bangladesh's highest court on Wednesday commuted the death sentence on a top Islamic preacher triggering angry protests by both his Islamist supporters and secular ...

 Sep 18 2014 - China's Xi makes maiden India visit seeking to reset tiesArab News
(MENAFN - Arab News) AHMEDABAD India: India's new prime minister rolled out the red carpet for Xi Jinping in his hometown Wednesday as the Chinese president began a maiden visit with Asia's rival ...

 Sep 18 2014 - Nigeria hunts bank worker over 39 million cyberfraudArab News
(MENAFN - Arab News) LAGOS: Nigeria's anti-graft agency said it was hunting a 38-year-old bank worker on Wednesday for allegedly stealing $38 million from his employers by hacking into computer ...

 Sep 17 2014 - Kuwait Stock Exchange Closes on Green NoteQatar News Agency
(MENAFN - QNA) Main indices of the Kuwait Stock Exchange ended trading Wednesday in the green zone with the weighted, the price, and the KSX 15 indices up by 1.39, 14.07, and 5.63 points ...

 Sep 17 2014 - HE Assistant FM Receives Copy of Vietnamese Ambassador's CredentialsQatar News Agency
(MENAFN - QNA) HE Assistant Foreign Minister for Foreign Affairs Mohammed bin Abdullah Al Rumaihi on Wednesday received a copy of the credentials of Nguyen Hoang as ambassador of the Socialist ...

 Sep 17 2014 - HE Prime Minister Meets Chubu Electric Power ChairmanQatar News Agency
(MENAFN - QNA) HE Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani on Wednesday met with Toshio Mita, chairman of Chubu Electric Power company on the occasion of ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help