Karachi: Pak-Qatar General Takaful Limited (PQGTL) has released its unaudited financial results for the nine months ending September 30, 2026. The report, dated October 30, 2026, reveals key figures for both the Participants' Takaful Fund (PTF) and the Shareholders' Fund (SHF).

The Participants' Takaful Fund recorded a contribution earned of 642.59 million rupees for the nine-month period, an increase from 582.89 million rupees in the same period last year. Contributions ceded to retakaful amounted to 279.58 million rupees, leading to a net contribution revenue of 363.01 million rupees, up from 325.03 million rupees in 2025. The net underwriting income stood at 426.66 million rupees compared to 385.49 million rupees in the previous year.

The PTF also reported net takaful claims, including Incurred But Not Reported (IBNR) claims, totaling 418.94 million rupees, a rise from last year's 369.35 million rupees. Other direct expenses increased to 2.41 million rupees from 1.83 million rupees. The surplus before investment income dropped to 5.31 million rupees from 14.32 million rupees in 2025. Investment and other income reached 18.64 million rupees, with the Modarib's share being 9.32 million rupees. Consequently, the surplus transferred to accumulated surplus decreased to 14.63 million rupees from 24.95 million rupees the previous year.

The Shareholders' Fund saw a wakala fee increase to 445.19 million rupees from 389.38 million rupees. Commission expenses grew to 112.32 million rupees from 95.83 million rupees in 2025, while general, administrative, and management expenses rose to 312.91 million rupees from 276.37 million rupees. Profit before taxation for the SHF was reported at 125.49 million rupees, up from 98.99 million rupees last year. After accounting for a tax expense of 36.39 million rupees, the profit attributable to shareholders amounted to 89.10 million rupees, an increase from 70.78 million rupees in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), earnings per share for the nine-month period were 0.93 rupees, down from 1.10 rupees in 2025, indicating a moderate move.

The financial results reflect Pak-Qatar General Takaful Limited's performance in the designated market category of takaful and insurance services, providing insights into its strategic financial management over the period.