Islamabad, July 17, 2026: easypaisa Digital Bank has made Shariah-compliant savings simple, accessible, and fully digital by offering an Islamic Takaful Savings solution within its app. The initiative, being offered in collaboration with EFU Life, also represents another step forward in advancing financial inclusion and expanding access to Shariah-compliant financial products through digital channels. By […]
TPL Corp Limited has entered into a Share Purchase Agreement (SPA) with Jazz International Holding Limited for the sale of shares and transfer of control of its subsidiary, TPL Insurance Limited. The listed company informed its stakeholders in a notice to the Pakistan Stock Exchange (PSX) on Friday. “This is in continuation of our earlier […]
KARACHI: MCB Islamic Bank and AICL-WTO have formalized a strategic partnership by signing an agreement, marking an important step forward in MCB Islamic’s Digital First strategy and customer-focused innovation. The agreement was formally signed by Zargham Khan Durrani, President & CEO of MCB Islamic Bank, and Muhammad Ali Zeb, MD & CEO of AICL-WTO, reaffirming […]
KARACHI: Pak-Qatar Family Takaful Limited (PQFTL) has been listed on the Pakistan Stock Exchange (PSX) after an overwhelming response from the investors during the Initial Public Offering (IPO). This historic milestone and response from investors underscored PQFTL’s exceptional financial resilience, strategic foresight, and unwavering commitment to Shariah-compliant excellence. It marks a new benchmark not only […]
Karachi, Pakistan — Faysal Bank Limited (FBL) and EFU Life Assurance Ltd have announced a strategic partnership aimed at introducing two groundbreaking Takaful propositions — the EFU Takaful Zenith Plan and the EFU Takaful WIN FitCover Plan — tailored to meet the evolving financial and lifestyle needs of Faysal Bank customers. The agreement was formalized […]
ISLAMABAD:JazzCash, Pakistan’s leading digital wallet, and EFU Life, one of the country’s premier life and health insurers, have partnered to launch a first-of-its-kind, end-to-end digital insurance journey set to reshape the way millions of Pakistanis access insurance. This strategic collaboration aims to simplify and digitize the entire insurance value chain from instant policy subscription to […]
KARACHI, August 6, 2025— The Federal Cabinet, on the recommendation of the Ministry of Commerce, appoints Mr. Shoaib Javed Hussain as the Chief Executive Officer of State Life Insurance Corporation of Pakistan (SLIC), for a further 3 years effective August 6, 2025. The corporation has undergone a significant transformation, marked by innovation and significant growth, […]
KARACHI: Jubilee Life Insurance has partnered with National Bank of Pakistan (NBP) to launch two financial protection plans: Jubilee Sehat Shifa Takaful (Shariah-compliant) and Jubilee Aitebaar Plan (Conventional). The initiative aims to expand access to quality healthcare and financial security across Pakistan. The signing ceremony was with key representatives from both organizations, including Faisal Ahmed […]
KARACHI: Jubilee Life Insurance, Pakistan’s largest private sector life insurance provider, has entered into a strategic partnership with Neem, the country’s leading embedded finance platform, to digitise and streamline payments across the insurance value chain. As part of the partnership, Neem’s flagship payment solution is integrated across Jubilee Life’s digital platforms, including its website, mobile […]
HBL issued the largest payout of over PKR 10 million under the Area Yield Index Insurance (AYII) program, benefiting farmers in Balochistan and Sindh. This innovative insurance solution is designed to support farmers by providing financial protection against yield losses due to adverse climatic conditions and other agricultural risks. The AYII program offers extensive coverage […]