KARACHI: TPL Life Insurance Limited has expanded its strategic partnership with Mobilink Microfinance Bank Limited (Mobilink Bank) to introduce unit-linked Takaful plans and enable the conversion of existing insurance products into Shariah-compliant solutions.
According to a notice submitted to the Pakistan Stock Exchange on Wednesday, the agreement will allow Mobilink Bank customers to access investment-linked protection products compliant with Shariah principles.
TPL Life said the initiative would broaden the range of financial protection products available to Mobilink Bank customers and support greater financial inclusion in Pakistan through insurance and Takaful solutions.
The company said it would continue to inform shareholders of material developments in accordance with applicable regulatory requirements.
In July, Jazz International Holding Limited acquired a 76.33% stake in TPL Insurance Limited, taking control of the company. The transaction was completed on July 13, 2026, under a Share Purchase Agreement with TPL Corp Limited, alongside a mandatory tender offer conducted in accordance with applicable laws.
Following completion of the transaction, the relevant shares were transferred to Jazz International Holding Limited, according to separate disclosures submitted by TPL Corp Limited and TPL Insurance Limited to the Pakistan Stock Exchange.
