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اردو

Dec 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2024-08-19

Auto insurance: Shaheen Insurance signs MoU with Habib Metropolitan Bank

Press Release Published August 19, 2024

KARACHI: Shaheen Insurance Company Limited and Habib Metropolitan Bank have recently entered into a Memorandum of Understanding for Auto Insurance covering vehicles financed by Habib Metropolitan Bank, for both in conventional and Takaful Insurance. Sohel Kidwai, Chief Marketing Officer of Shaheen Insurance and Syed Faheem ul Islam, Unit Head Consumer Products signed the MoU on behalf of their companies.

Shaheen Insurance is among the fastest growing General Insurance and Takaful Insurance company in Pakistan, licensed by SECP and have been rated A+ by PACRA. The strength of the company Re-insurance arrangements backed by its shareholders Shaheen Foundation (PAF) provides immense financial strength to Shaheen Insurance.

The ceremony was attended by Rizwan Akhtar, Chief Executive Officer and Nisar Almani, Chief Financial Officer of Shaheen Insurance with Habib Metropolitan Bank and other senior officials of both the organizations.

mou Habib Metropolitan Bank Auto insurance

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Forex
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Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

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S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

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Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
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