AGL 40.20 Decreased By ▼ -1.30 (-3.13%)
AIRLINK 129.11 Increased By ▲ 1.11 (0.87%)
BOP 6.60 Increased By ▲ 0.34 (5.43%)
CNERGY 4.03 Decreased By ▼ -0.10 (-2.42%)
DCL 8.45 Increased By ▲ 0.01 (0.12%)
DFML 41.25 Increased By ▲ 0.56 (1.38%)
DGKC 87.00 Decreased By ▼ -0.90 (-1.02%)
FCCL 33.35 Decreased By ▼ -0.75 (-2.2%)
FFBL 65.90 Decreased By ▼ -0.43 (-0.65%)
FFL 10.54 Decreased By ▼ -0.02 (-0.19%)
HUBC 110.70 Increased By ▲ 2.00 (1.84%)
HUMNL 15.23 Increased By ▲ 0.77 (5.33%)
KEL 4.78 Increased By ▲ 0.13 (2.8%)
KOSM 7.83 Increased By ▲ 0.50 (6.82%)
MLCF 41.90 Decreased By ▼ -0.82 (-1.92%)
NBP 60.50 Decreased By ▼ -0.34 (-0.56%)
OGDC 182.80 Increased By ▲ 3.83 (2.14%)
PAEL 25.36 Decreased By ▼ -0.34 (-1.32%)
PIBTL 6.26 Increased By ▲ 0.20 (3.3%)
PPL 147.81 Increased By ▲ 1.66 (1.14%)
PRL 24.56 Decreased By ▼ -0.35 (-1.41%)
PTC 16.24 Increased By ▲ 0.10 (0.62%)
SEARL 70.50 Increased By ▲ 0.30 (0.43%)
TELE 7.30 Increased By ▲ 0.08 (1.11%)
TOMCL 36.30 Increased By ▲ 0.10 (0.28%)
TPLP 7.85 Increased By ▲ 0.01 (0.13%)
TREET 15.30 Decreased By ▼ -0.29 (-1.86%)
TRG 51.70 Increased By ▲ 1.34 (2.66%)
UNITY 27.35 Increased By ▲ 0.45 (1.67%)
WTL 1.23 Decreased By ▼ -0.01 (-0.81%)
BR100 9,842 Increased By 47.4 (0.48%)
BR30 30,036 Increased By 389.6 (1.31%)
KSE100 92,520 Increased By 499.1 (0.54%)
KSE30 28,786 Increased By 121.7 (0.42%)

UBL Fund Managers and Pak-Qatar Family Takaful signed an agreement that will provide all investors of UBL Funds Islamic Investment Plans with Shariah Compliant Accidental and Medical Takaful Coverage. The agreement was signed by Mir Muhammad Ali, CEO UBL Fund Managers and Pervaiz Ahmed, CEO Pak-Qatar Family Takaful in Karachi on Thursday.
The accidental life and medical insurance coverage will be offered to investors who will make an investment with UBL Fund Managers through its administrative plans. These plans have been designed keeping the individual investor in mind and cater to their basic savings and investment needs such as Regular Income, Capital Appreciation and a combination of Income and Capital Appreciation.
Mir Muhammad Ali, CFA, CEO UBL Fund Managers commented on the occasion saying that "At UBL Funds we believe in offering a complete investment package to our investors and this now includes a Takaful Coverage facility. Realising the need for our investors to conduct their financial matters in a Shariah Compliant manner, we will be offering Takaful Coverage." He further added that "By partnering with Pak-Qatar Family Takaful our investors can expect premium customer service."
Pervaiz Ahmed, CEO Pak-Qatar Family Takaful said that Pak-Qatar Family Takaful is always looking for ways to provide value-added products to the people of Pakistan. "By joining hands with UBL Funds we will be able to reach out to many people who would otherwise not have the benefit of a customer centric and Shariah compliant risk mitigation tool."
By providing free Takaful coverage for its investors, UBL Fund Managers' investment plans not only offer a secure and attractive means of growing one's savings but also provide investor wellbeing against accidental hazards to life and health. The company is Pakistan's leading Asset Management Company in the private sector and is managing six funds with total assets under management exceeding Rs 32 billion.-PR

Copyright Business Recorder, 2008

Comments

Comments are closed.