Pakistan General Insurance gets SECP nod to launch Window Takaful operations
MG News | July 24, 2026 at 11:54 AM GMT+05:00
July 24, 2026 (MLN): Pakistan General Insurance Company Limited (PSX:PKGI) has secured regulatory clearance from the
Securities and Exchange Commission of Pakistan to operate as a Window Takaful
Operator, paving the way for the insurer to roll out Shariah-compliant general
takaful products across all classes of non-life insurance business.
The company said the authorization was granted under Rule 9 of the
Takaful Rules, 2012.
Management termed the development a key step in the company's growth
strategy, noting that it broadens the firm's product portfolio beyond
conventional insurance. Window Takaful operations will be launched in line with
the applicable regulatory framework.
The aforementioned information was disseminated through a
notification to Exchange.
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