State Life Insurance Corporation of Pakistan (SLIC) and Bank of Punjab (BOP) signed a "bancatakaful" agreement. This is the first agreement between both companies.
Under this arrangement, SLIC can market its Takaful products through the Islamic branches of the Pakistani bank.
Both partners also concluded a bancassurance partnership.
Read also | Takaful insurance in Pakistan [4]
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-190-april-2022
[4] https://www.atlas-mag.net/en/article/secp-approves-takaful-and-other-financial-regulations