Partnership between Pak-Qatar Family Takaful and U Microfinance Bank (U Bank)

Pak-Qatar Family Takaful, a Pakistan-based insurance company, has signed a bancatakaful agreement with U Microfinance Bank (U Bank) allowing it to market "Takaful Familal" products through the network of more than 250 branches of the Pakistani bank.

The partnership is an important milestone for both companies to grow within the local financial services ecosystem.

Established in 2006, Pak-Qatar Family Takaful has one of the largest networks of takaful agencies across the country, with 160 agencies in 125 cities. This network is supported by 4 500 bank branches in 135 cities providing bancatakaful products.