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Tribune news network
Doha
Pak-Qatar Takaful Group, which comprises of Pak-Qatar Family Takaful Limited and Pak-Qatar General Takaful Limited, reviewed and approved the financial statements of both the companies for the year ended December 31, 2018, the group said in a statement said on Saturday.
This happened during the group’s board of directors meeting at the Qatar International Islamic Bank (QIIB) head office in Doha recently.
Pak-Qatar Takaful is Pakistan’s Pioneer and largest Takaful Group operating for more than a decade with the largest branch network nationwide.
The meeting, presided over by the Chairman of Pak-Qatar Takaful Group, Sheikh Ali Abdullah al Thani, discussed the financial results of the company for 2018 and its future plans.
Board members including Abdul Basit Ahmad al Shaibei, Ali Ibrahim al Abdul Ghani, Said Gul, Owais Ansari Zahid Hussein Awan were present during the meeting.
Sheikh Ali praised the group’s performance during the year 2018 and hoped that 2019 would be another “excellent” year for the company achieving new heights in terms of revenues and profitability and that it would be able to further improve its services to international standards.
Pak-Qatar Takaful Group achieved an aggregate turnover of around Pak-Rs 8.5 billion.
The Group posted a net profit after tax of Pak-Rs. 120 million during the year ended 31-December-2018. Participant Takaful Fund generated a net consolidated surplus of Pak-Rs 143 million.
Pak-Qatar Family Takaful Limited (PQFTL) has announced 5 percent cash dividend for its shareholders.
Earlier, for the years 2016 and 2017, PQFTL had announced 5 percent stock dividend (bonus shares) each year for its shareholders.
Pak-Qatar General Takaful Limited (PQGTL) has also announced 5 percent cash dividend for its shareholders.
Doha
Pak-Qatar Takaful Group, which comprises of Pak-Qatar Family Takaful Limited and Pak-Qatar General Takaful Limited, reviewed and approved the financial statements of both the companies for the year ended December 31, 2018, the group said in a statement said on Saturday.
This happened during the group’s board of directors meeting at the Qatar International Islamic Bank (QIIB) head office in Doha recently.
Pak-Qatar Takaful is Pakistan’s Pioneer and largest Takaful Group operating for more than a decade with the largest branch network nationwide.
The meeting, presided over by the Chairman of Pak-Qatar Takaful Group, Sheikh Ali Abdullah al Thani, discussed the financial results of the company for 2018 and its future plans.
Board members including Abdul Basit Ahmad al Shaibei, Ali Ibrahim al Abdul Ghani, Said Gul, Owais Ansari Zahid Hussein Awan were present during the meeting.
Sheikh Ali praised the group’s performance during the year 2018 and hoped that 2019 would be another “excellent” year for the company achieving new heights in terms of revenues and profitability and that it would be able to further improve its services to international standards.
Pak-Qatar Takaful Group achieved an aggregate turnover of around Pak-Rs 8.5 billion.
The Group posted a net profit after tax of Pak-Rs. 120 million during the year ended 31-December-2018. Participant Takaful Fund generated a net consolidated surplus of Pak-Rs 143 million.
Pak-Qatar Family Takaful Limited (PQFTL) has announced 5 percent cash dividend for its shareholders.
Earlier, for the years 2016 and 2017, PQFTL had announced 5 percent stock dividend (bonus shares) each year for its shareholders.
Pak-Qatar General Takaful Limited (PQGTL) has also announced 5 percent cash dividend for its shareholders.