December 15, 2017

Karachi, December 15, 2017 – Jubilee Life Insurance’s Takaful Business has achieved the fastest Rs.3 billion milestone since its inception two years ago. Simultaneously, in a first for any window takaful operator in Pakistan, Jubilee Life has won the 5th FPCCI award for its Takaful Operations strengthening Jubilee Life’s position as the leading insurance provider in the country.

Jubilee Life has been the pioneer in the industry in introducing innovative products and solutions to provide additional value to its customers and strengthening its relationship with them. With its window Takaful operations, the Company has expanded its distribution channel far and wide to reach out to the entire nation with its Takaful products.

Commenting on the occasion, Mr. Javed Ahmed, MD and CEO, Jubilee Life, said “Jubilee Life is dedicated to offering innovative solutions that are beneficial for Pakistanis of all walks of life. We are very pleased to have achieved these milestones in the short time since the launch of Jubilee Takaful. Jubilee Life aims to be Pakistan’s best service provider from the insurance industry and we will continue our pursuit of providing world class service and excellent insurance and Takaful products for the Pakistani market.”

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.