BankIslami Pakistan Signs Agreement with Jubilee Family Takaful To Launch New Bancatakaful Products

Karachi – October 4, 2017 : BankIslami Pakistan signed an agreement with Jubilee Family Takaful to Launch Bancatakaful Products, Health Shield & Critical Illness plan. These products are one of it’s kind to be launched in the Banking sector. BankIslami will fulfill customer’s Health and Critical illnesses Takaful needs through its nationwide branch network of over 320 branches in 105 cities.

The agreement was signed by Mr. Hasan A. Bilgrami -CEO BankIslami Pakistan and Mr. Javed Ahmed – CEO Jubilee Life Insurance. Mr. Hasan A.Bilgrami speaking on the occasion said, “We are pleased to be the first Islamic Bank to launch Health cover(Natural & Accidental) in partnership with Jubilee Family Takaful. We will continue to introduce new products to enhance our Shariah compliant product suite “.

Mr. Javed Ahmed, CEO of Jubilee Life Insurance commented, “Jubilee Life Insurance welcomes BankIslami as our new BancaTakaful Partner and this partnership is surely going to further enhance Takaful awareness in the country”