02-27-2009, 10:02 AM
KARACHI: 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. staff report
http://www.dailytimes.com.pk/default.asp...2009_pg5_4
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