First Takaful invests in an insurance company in Pakistan

First Takaful Insurance CompanyFirst Takaful Insurance, owned at 53.447% by International Financial Advisors (IFA), is investing in an Islamic insurance company to be established in Pakistan.

The amount of the investment, approved by First Takaful’s board of directors, was set at 3 million USD.

The new Pakistani insurer will focus its activity on marketing a savings insurance product.

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