IGI Life Insurance Denies Being Associated With Any Foreign Investment Firm

IGI Life Insurance Limited (PSX: IGIL) has categorically stated that IGI Life is in no way associated with any international investor competition. “We are investigating further to adopt possible legal course against false usage of IGIL symbol,” the company told the main bourse in a stock filing on Friday. The public is requested to confirm IGI Life’s association with any entity making claims as such through an article/ news from IGI Life before taking any investment and/or monetary decisions and to take necessary precautionary steps for the identification of the person(s)/company involved therein. Any material information will be disclosed to the stakeholders when deemed necessary in accordance with the laws and regulations applicable to IGI Life, the filing added. The Company is engaged in life insurance, carrying on both participating and non-participating business. The Company is also engaged in providing Shariah Compliant family takaful products as an approved window takaful operator. The Company is a subsidiary of IGI Holdings Limited.