Faysal Bank Ltd. launches Banca-Takaful Products with IGI Life Window Takaful Operations under Distribution Agreement


Islamabad, (Parliament Times) :  Faysal Bank Limited (FBL) has joined hands with
IGI Life at Faysal House in Karachi, as one of its Banca-Takaful partners to launch
new products with Life and Health coverage segments for Faysal Bank customers.
IGI Life Window Takaful operations will be offering this wide range of unique Takaful
products with added ‘vitality’ benefits through Faysal Bank Ltd. sales channels.
The signing ceremony was attended by Mr. Tahir Yaqoob Bhatti, Head Retail
Banking, Faysal Bank Ltd and Mr. Ali Nadeem, Chief Operating Officer, IGI Life
Window Takaful Operations.
Speaking at the event, Mr. Tahir Yaqoob Bhatti said, "This collaboration will allow us
to further expand our menu of BancaTakaful products and offer our customers a
chance to avail unique life and health insurance solutions."
Mr. Ali Nadeem, while addressing the event, also added, "This partnership will allow
the two companies to further leverage our synergies and enable us to showcase our
unique lifestyle based Vitality benefits to Faysal Bank Customers. We look forward to
working with Faysal Bank to grow our mutual business."
About Faysal Bank Limited:
Faysal Bank Limited was incorporated in Pakistan on October 3rd, 1994 as a public Limited
company under the Companies Ordinance, 1984. The Bank’s shares are listed on Pakistan
Stock Exchange. Faysal Bank is engaged in Commercial, Retail, Corporate and Islamic
banking activities.
Faysal Bank’s footprint now spreads over 200 cities with 550(including 414 Islamic)
branches. With total assets of PKR 601 billion, placing it amongst the significant players in
Pakistan’s banking industry. Faysal Bank’s ambition is to provide par excellence service to
its customers while meeting their financial needs.


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