Commenting on the agreement, Mohammad Raza said: "This powerful collaboration between Meezan Bank's premium product Car Ijarah and TPL Direct Takaful's exemplary service standards will enable both the companies to maximise their opportunities in reaching out to segments that want Shariah-compliant alternatives to conventional insurance."
Speaking on behalf of TPL Direct Insurance, Saad Nissar said: "We are very pleased to be associated with Meezan Bank, the front-runners in Islamic auto-financing in Pakistan. With the rapidly expanding Islamic banking network across the country, we see an encouraging opportunity for Takaful operators to broaden their product range to serve this growing demand. At TPL Direct Insurance, we endeavour to maintain a reputation of being the best in customer services and fastest in claim settlement and aim to deliver the same commitment to quality to Meezan Bank Car Ijarah customers."-PR