Pak-Qatar Family Takaful distributes 28% Surplus for 2019

MG News | August 17, 2020 at 01:37 PM GMT+05:00

0:00

August 17, 2020: Pak-Qatar Family Takaful Limited (PQFTL) has announced the distribution of 28 percent surplus among its Individual Family Takaful Participants (Direct Sales Force-DSF) for the year 2019.

The single-rate method has been adopted to calculate the Surplus and will be distributed amongst the participants through a defined manner in relation to the “Cumulative Net Contribution’ received in the IFTPF (Individual Family Takaful Participant Fund) by each participant.

Furthermore, the actual distribution of surplus will be carried out only to those Participants leaving the pool during the year 2020, by way of Permanent Withdrawal, Death or Maturity of the memberships.

It is important to note that in the year 2008, PQFTL had declared a surplus of 10%, which has seen consistent growth to reach 28% in the year 2019

Related News

Name	Price/Vol	%Chg/NChg
KSE100	158,465.06 390.15M	-1.02% -1635.97
ALLSHR	96,559.16 950.27M	-0.99% -966.38
KSE30	48,334.92 161.42M	-1.07% -524.48
KMI30	229,055.35 110.24M	-1.35% -3133.53
KMIALLSHR	63,239.37 426.71M	-1.12% -719.42
BKTi	44,632.28 59.89M	-0.70% -315.76
OGTi	31,295.76 12.54M	-0.78% -245.37

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,695.00	111,595.00 109,715.00	65.00 0.06%
BRENT CRUDE	64.88	64.96 64.51	-0.04 -0.06%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.10 -1.35%
ROTTERDAM COAL MONTHLY	92.50	0.00 0.00	-0.20 -0.22%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.39	60.47 60.07	-0.09 -0.15%
SUGAR #11 WORLD	14.43	14.56 14.21	0.06 0.42%