Pakistan: Regulator grants general insurer the nod for takaful window operations

Source: Middle East Insurance Review | Sep 2026

Pakistan General Insurance Company (PGIC) has received approval from the Securities and Exchange Commission of Pakistan (SECP) to operate a takaful window.

In a statement lodged with the Pakistan Stock Exchange, PGIC announced that the SECP authorisation allows the company to undertaken general takaful business covering all non-life insurance classes.

The company said, “This authorisation marks a significant milestone in the company’s strategic growth and diversification initiatives and enables it to expand its product portfolio by offering Shariah-compliant general takaful solutions to its customers.”

Lahore-headquartered PGIC was incorporated in Pakistan in July 1947. M

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