Pak-Qatar Takaful co-hosts seminar on‘Global Takaful Practices’

Author: Staff Report

KARACHI: Pak-Qatar Takaful group in partnership with Institute of Business Administration’s Centre of Excellence in Islamic Finance (IBA-CEIF) co-hosted a seminar on “Global Takaful Practices”. The key speakers at the seminar were renowned Islamic finance scholars Dr Sheikh Suleiman bin Mohammed Al Jewisser from Saudi Arabia and Mufti Muhammad Hassaan Kaleem from Pakistan.

Dr Sheikh Suleiman bin Mohammed Al Jewisser was invited by Pak-Qatar Takaful group to share international practices on takaful. While giving introduction of both speakers, Nasir Ali Syed said that Dr Sheikh Suleiman, Al-Rajhi Bank Shariah Advisory Board chairman, was a specialist in Islamic finance. He said Mufti Muhammad Hassaan Kaleem was an eminent Shariah scholar of Pakistan and a member of Pak-Qatar Family Takaful Shariah Advisory Board. Pak-Qatar Takaful Chief Executive Officer Nasir Ali Syed stated, “It is a great opportunity for the people of Pakistan to have the honour of interacting with Dr Suleiman and get enlightened with his expertise of Islamic finance and takaful. Pak-Qatar Takaful has always been committed to nurture highly competitive and learned managers for accelerating growth in this industry.” The interactive session with Dr Suleiman was a blend of industrial insights and academic learning. Through the session, people were able to gain a clearer understanding of various Islamic financial services, including Shariah-compliant investments and takaful (the Islamic mode of insurance).

It was said during the seminar that Dr Suleiman’s expertise will help in building solid foundation of Islamic finance institution in Pakistan by engaging professionals, entrepreneurs, academics, finance managers, students, human resource managers, consultants and other stake-holders of the industry. Dr Sheikh Suleiman will meet various local Shariah scholars, government dignitaries, senior Islamic bankers, State Bank of Pakistan officials, prominent Pakistani businessmen and Pak-Qatar Takaful Group management to discuss takaful practices of Pakistan.

Published in Daily Times, November 29th 2017.

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