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Faysal Bank Limited Launches Banca-Takaful Products with IGI Life Window Takaful Operations under Distribution Agreement

Islamabad, October 14, 2020 (PPI-OT):Faysal Bank Limited (FBL) has signed a Memorandum of Understanding (MoU) with IGI Life at Faysal House, joining hands as one of its Banca-Takaful partners to launch new products with Life and Health coverage segments. 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, Mr. Shaheryar Saeed Khan, Head Retail Products and Wealth Management, 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 Banca-Takaful 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.”

For more information, contact:
Head Office,
Faysal Bank Limited
Faysal House, ST-02, Shahrah-e-Faisal, Karachi, Pakistan
UAN: +92-21-111-747-747
Fax: +92-21-32795234
Email: corpcomm@faysalbank.com
Website: www.faysalbank.com