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

December 20, 2015 Off By Web Desk

Karachi: 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.