JCR-VIS reaffirms IFS rating “A” to Pak-Qatar Family Takaful Limited

Lahore, December 21, 2015 (PPI-OT): Pak-Qatar Family Takaful Limited (PQFTL) is the leading enterprise in Pakistan, which offers a complete range of Shariah-Compliant Takaful products. Recently, The JCR-VIS Credit Rating Company Ltd. (JCR-VIS) analyzed its performance and has reaffirmed the Insurer Financial Strength (IFS) rating of PQFTL, at ‘A’ (Single A) with a stable outlook.

The rating assigned to Pak-Qatar Family Takaful Limited (PQFTL) incorporates its high capacity to meet policyholder obligations and PQFTL’s association with Qatar based financial institutions.

Rating continues to draw comfort from adequate re-takaful coverage which is arranged through well reputed companies.

For more information, contact:
Ms. Sobia Maqbool
CFA
JCR-VIS Credit Rating Company Limited
VIS House, 128/C,
25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: sobia@jcrvis.com.pk

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