Karachi, : Pak-Qatar Family Takaful (PQFTL), part of Pak-Qatar
Group, Pakistan’s premier and pioneer Islamic financial services group, becomes Pakistan’s first ever
Takaful operator to introduce a Voluntary Pension Scheme (VPS).
By offering VPS, PQFTL brings a unique investment option to the public which benefits them to save
for their retirement, while at the same time helps in reducing tax liability up to 20%. Individuals can
opt for the plan with a contribution as low as PKR 1,000. The product also provides complimentary
Takaful coverage against natural death up to PKR 10 million or two times of investment balance
(whichever is lower) and an accidental death coverage up to PKR 20 million or four times of
investment balance (whichever is lower). By investing in VPS you can also avail discounted rates on
additional coverage for Family Sehat (Individual health), Motor Takaful and House Takaful.
“This scheme not only facilitates retirement savings but also offers the potential for excellent returns
on investment. We are dedicated to providing innovative Shariah-compliant products and services
that empower our customers to make informed investment decisions and achieve long-term financial
security, said the Company’s Senior Official.”