Karachi: The Pakistan Stock Exchange (PSX) held a gong ceremony to mark the listing of Pak-Qatar General Takaful Limited (PQGTL), which has made history by becoming the countrys first dedicated non-life Takaful operator to go public following its Initial Public Offering (IPO).
The ceremony, attended by PSX officials, company leadership, and market participants, celebrated a significant milestone for both the Islamic financial services industry and the capital market.
With its public listing, Pak-Qatar General Takaful aims to strengthen its market presence, enhance transparency, and broaden access to Shariah-compliant risk management solutions. The move is also being viewed as a positive step toward deepening Pakistans Takaful and insurance sectors.
Market experts noted that the successful IPO and subsequent listing reflect growing investor confidence in Islamic financial institutions and the expanding potential of Takaful services in the country.
