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Pak-Qatar Family Takaful (PQFTL), a pioneering Islamic financial services group in Pakistan, has made history by introducing the country’s first-ever Voluntary Pension Scheme (VPS). This groundbreaking initiative underscores Pak-Qatar Family Takaful (PQFTL), commitment to offering innovative and Shariah-compliant solutions to address the retirement needs of individuals.
The VPS offered by PQFTL provides a unique investment opportunity for the public, enabling them to save for retirement while enjoying significant tax benefits. With contributions starting as low as PKR 1,000, individuals can embark on their journey towards financial security and long-term savings. Moreover, the VPS includes complimentary Takaful coverage against natural and accidental death, providing added peace of mind to participants and their families.
By investing in the VPS, individuals not only secure their retirement but also have the potential to earn excellent returns on their investment. PQFTL is dedicated to empowering customers to make informed investment decisions and achieve their financial goals through Shariah-compliant products and services.
The Senior Official of the company emphasized the importance of the VPS in facilitating retirement savings and providing a pathway to financial security. By offering a comprehensive solution that aligns with Islamic principles, PQFTL aims to cater to the diverse needs of its customers and contribute to their long-term well-being.
In addition to retirement savings, participants in the VPS can avail themselves of discounted rates on additional Takaful coverage for Family Sehat (Individual health), Motor Takaful, and House Takaful, further enhancing the value proposition of the scheme.
As Pakistan’s premier Takaful operator, PQFTL remains at the forefront of promoting financial inclusion and security in the country. The introduction of the VPS marks a significant milestone in the Islamic finance industry, offering individuals a reliable and ethical avenue to plan for retirement and secure their financial future.
