Daily Times: Pak-Qatar Family Takaful Limited (PQFTL) has been assigned an initial Insurer Financial Strength (IFS) rating of ‘A-‘ (Single A Minus) by JCR-VIS Credit Rating Co. Ltd. Outlook on the rating is ‘Stable’. The rating incorporates strong sponsor support from Qatar-based financial institutions having sound credentials, said the JCR-VIS report.
The rating takes into consideration the focus of the company on establishing a strong control environment, development of manuals and standard operating procedures (SOPs) and implementation of MIS, which has also been deployed and tested in International Islamic Financial Institutions.
Showing posts with label Pak Qatar Family Takaful. Show all posts
Showing posts with label Pak Qatar Family Takaful. Show all posts
Friday, February 27, 2009
Pak Qatar Family Takaful assigned ‘A-’ rating
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