Corporate corner: Jubilee Life, Summit Bank sign agreement

Jubilee Life Insurance signed Bancatakaful agreement with Summit Bank at a ceremony held at Jubilee Life’s Head Office to commemorate the partnership. The event was attended by the senior management of both entities to solemnise the anticipated agreement in the presence of Nadym Chandna, Head of Takaful, Jubilee Life - Window Family Takaful Operations and Faisal Murad, Head of Consumer Banking, Summit Bank who duly signed the agreement to mark this collaboration. Speaking at the ceremony,  Chandna said: “Bancatakaful is the commencement of a new chapter in the Shariah compliant market and a means of strategically penetrating through the industry that has witnessed prodigious growth in Pakistan itself.”