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FINANCIAL NEWS
Pak-Qatar Family Takaful to issue rights shares
27 Oct 2010
(MENAFN) The Pak-Qatar Family Takaful has decided to issue rights shares up to 33% of its capital at its board meeting chaired by Sheikh Ali bin Abdullah al-Thani, said a spokesman of the Shariah-compliant insurer.
The PQFT has the institutional capacity to cater to the protection and long-term investment needs of the people of Pakistan, Sheikh Ali said.
Principal shareholders of the PQFT are QNB, Masraf Al Rayan, International Islamic, Qatar Islamic Bank, Qatar Islamic Insurance, the Amwal group and Germany�s FWU group
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