Pak-Qatar Takaful Group posts QR2.95mn net profit
May 01 2016 12:49 AM
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Pak-Qatar Takaful Group

Pak-Qatar Takaful Group, which comprises Pak-Qatar Family Takaful and Pak-Qatar General Takaful, has posted a net profit of Rs84.6mn (QR2.95mn/$0.81mn) in 2015. At the same time, Participant Takaful Fund generated the net consolidated surplus of Rs196mn (QR6.8mn/$1.87mn). Pak-Qatar Takaful Group chairman Sheikh Ali Abdullah al-Thani praised the group’s “remarkable performance” in 2015. Pak-Qatar Takaful Group registered “an immense growth” during the preceding year with an aggregate turnover of Rs7.4bn (QR258mn/$71mn), he said. Chaired by Sheikh Ali, both companies’ financial statements were reviewed and approved during the group’s board meeting held recently at Qatar International Islamic Bank head office in Doha. The board members present in the meeting included Pak-Qatar Takaful Group managing director Said Gul, Abdul Basit Ahmad al-Shaibei, Ali Ibrahim al-Abdul Ghani, Zahid Hussein Awan, Owais Ansari,  and Group CFO and company secretary Kamran Saleem.



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