The Board meeting of Pak-Qatar Takaful Group held in Doha recently.
DOHA: The Pak-Qatar Takaful Group made a profit after tax of Rs45.44m in 2012 full year, with Pak-Qatar Family Takaful Ltd posting a profit after tax of Rs26.67m and Pak-Qatar General Takaful Ltd with Rs18.77m.
Sheikh Ali bin Abdullah Al Thani, the Chairman of the Group, announced the group’s 2012 full-year results at the Board Meeting held in Doha recently.
Having started the journey in 2006 when takaful operators in Pakistan were making efforts for a strong footing in an industry dominated by conventional players, Pak-Qatar celebrated the first profitable year of the Group.
With commendable performance from both companies since inception and a standout performance during 2012, Pak-Qatar Group is on a solid platform to witness a prosperous future and most importantly to perform its duty of fulfilling financial protection and saving needs of our customers, he said.
Operating in an environment where competition is more intense, Pak-Qatar General Takaful Ltd displayed impressive performance during the outgoing year.
The group look to the years ahead and pledge to remain committed to excellence, keep abreast of changes and innovations and by adopting better management will continue to achieve its goal ‘Together for Better”.
Pak-Qatar Takaful is a Pakistan-based firm established and owned by major financial institutions and businessmen including, Qatar National Bank, International Islamic, Masraf Al Rayan, Qatar Islamic Insurance Company and Sheikh Ali bin Abdullah Al Thani.
The Peninsula
