Prime Islami Life Insurance Limited

incorporated with the Registrar of Joint Stock Companies and Firms on July 24, 2000 as a Public Limited Company vide certificate No. C-40817(176)/2000 under the Company Act 1994 with authorized capital of Tk 100 million and paid up capital of Tk. 30 million which at present stand at Tk 500 million and Tk. 305.20 million respectively. The Company registered with the Department of Insurance on 6th August 2000 under Insurance Act 1838 and commenced business in June 2001. Prime Life Insurance Co. Limited subsequently converted into an Islamic Company under the name and style of Prime Islami Life Insurance Limited (PILIL) on April 22, 2002 with a view to providing with Islamic Insurance services to all community of the society within the frame work of Shariah principles. The basic object of conversion into an Islamic Company (Family Takaful) is to create confidence in Insurance sinking distrust and wipe out of the mass people of the society The Company issued 4 lac 50 thousand public shares of Tk. 100/- each subsequently converted into Tk. 10 each The Company listed with Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited and started operation in the capital market on February 12, 2007 The Company has been keeping up growth in all sectors and for its Sound liquidity, i. Diversified ownership, Diversified product mix, v Diversified services network, v Good financial performance, vi. Experienced management team has been rated A+ by Alpha Credit Rating Limited, a Govt approved rating Company.