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KASB Funds has entered into an agreement with Dawood Family Takaful to provide free Takaful coverage to all individual investors of KASB Islamic Income Fund.
The agreement was signed between Ms.Naz Khan, Chief Executive KASB Funds Ltd, and Mr.Abdul Halim Nasri, Chief Executive Officer of Dawood Family Takaful at a ceremony at the KASB FUND's Offices in Karachi recently.
Further elaborating on this new initiative, Shoaib Savul Head of Strategy and business Development of KASB Funds Ltd, said" the concept combines investment management services and life assurance as a planning tool to achieve fiscal advantages and security for investors and their families. This is a one of its kind scheme where investors do not need to fill out any additional paper work and is free of all hidden charges.
Under the agreement, investors can avail maximum life coverage for up to PKR 2.5 million and accidental coverage for up to PKR 5 million." Ms. Naz Khan, Chief Executive KASB Funds Ltd highlighted the vision of the company of "creating value for our customers through providing investment products with added benefits that allow for the complete financial planning experience".
KASB Funds Limited (KFL), was recently assigned Management Quality Rating of from JCR-VIS Credit Rating Company Limited which is one of the highest in the industry.
-- Names from top left to Right
-- Zubair Bawany (Head of Corporate Communications) KASB Capital
-- Sabeen Malik (Marketing Manager), M. Imran Khalil (CFO & Head of Operations), Irfan Saleem Awan (Head of Risk Management & Compliance), Dr Arif Hussain (Group Marketing Head), Syed Nayyar Hussain (VP- Actuary), Names of People sitting from left to Right
-- Shoaib Savul (Head of Strategy & Business Development), Naz Khan ( CEO), Mr Abdul Halim Nasri (CEO), Dr Bakht Jamal Shaikh (GM Operations)

Copyright Business Recorder, 2008

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