Pak-Qatar Family Takaful Limited has been listed on the Pakistan Stock Exchange, becoming the first dedicated family takaful operator in the country to achieve a public listing after a strong IPO response.
The IPO witnessed heavy investor interest, with the book-building and public subscription segments oversubscribed multiple times. The company raised Rs901 million at a premium, reflecting confidence in Shariah-compliant financial services.
The funds raised will be used to strengthen capital requirements, expand digital platforms and enhance product innovation. The listing is expected to boost Islamic finance offerings and deepen Pakistan’s capital markets.
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