Pak Qatar Family Takaful Limited is set to list on the Pakistan Stock Exchange via an IPO starting on 11th December. Through this IPO, PQFTL is aiming to raise approximately Rs. 1.1 billion. Registration for book building will begin on 8th and 9th December, and book building will continue from 11th to 12th December 2025.
Pak-Qatar Family Takaful Ltd will offer 50 million shares at up to Rs. 21 per share through a book-building process. The book building would start at Rs. 14.00 per share and go up to Rs. 21.00 per share, with a maximum price band of up to 50. PKR 21.00 per Share.
Out of the total 50 million shares, 37.5 million will be allotted through book building to institutional buyers, whereas the remaining 25% (12.5 million shares will be issued to the general public.
Shahid Ali Habib, CEO of Arif Habib Ltd., the lead manager and bookrunner for the IPO, said that it would be the first-ever IPO of any dedicated Family Takaful Company in Pakistan, and that investors are showing strong interest in this offering.
Proceeds from the IPO will help Pak-Qatar Family Takaful meet minimum capital requirements, expand its digital channels, and develop more customer-focused products, Habib said.
The company, which Qatar’s financial sector is backing, plans to use the proceeds to expand its operations in Pakistan’s insurance market.
Pak-Qatar Family TakPakistan’s (PQFTL) is Pakistan’s largest company exclusively dedicated to Family Takaful, with a 44% market share of the family takaful (incl. Window takaful) sector and a 90.47% market share of the dedicated family takaful segment.
With a 6.6% share of total life insurance business and a 44% share of total family takaful business, PQFTL has a 90.47% share of the Dedicated Takaful business in Pakistan.
Comprising a nationwide sales network with 73 branches and 1,971 field representatives, PQTFL offers personalised investment and takaful solutions across Pakistan. PQFTL also has strategic partnerships with 14 leading banks to provide protection solutions through bank branches and digital platforms in Pakistan. Pakistan’s insurance penetration rate is at 0.7%, though rising education and better economic conditions suggest strong future growth potential.
The global insurance industry has grown rapidly but unevenly, with advanced economies seeing over 10% penetration, while emerging markets in EMEA and Asia lag.
