Latest news with #MurtazaAli
Business Recorder
3 days ago
- Business
- Business Recorder
JazzCash, EFU Life launch fully digital insurance service
ISLAMABAD: JazzCash, Pakistan's leading digital wallet, and EFU Life, one of the country's premier life and health insurers, have partnered to launch a first-of-its-kind, end-to-end digital insurance journey set to reshape the way millions of Pakistanis access insurance. This strategic collaboration aims to simplify and digitize the entire insurance value chain from instant policy subscription to seamless servicing and claims, making insurance more accessible, transparent, and user-friendly than ever before. From instant policy subscription via multiple digital touch points, to seamless customer servicing and 24-hour claim settlement, the entire process is being reimagined with speed, transparency, and accessibility at its core. The partnership is rooted in an omni-channel approach, ensuring customers can engage across app, call centre, web, or even WhatsApp anytime, anywhere. The experience will be further enriched with value-added features such as health advisory; wellness benefits, and digital claim tracking, all bundled within affordable plans. Speaking at the ceremony, Murtaza Ali, president of JazzCash, commented: 'With insurance penetration at just 0.87 per cent in Pakistan, there's a clear gap in both access and awareness. Through this partnership with EFU Life, we're using technology to close that gap, delivering affordable coverage at scale and enabling millions to safeguard their futures with insurance that is tailored to their needs.' Mohammed Ali Ahmed, CEO of EFU Life, added to this: 'This launch marks a major step forward in EFU Life's mission to democratize insurance access in Pakistan. For too long, protection products have been seen as complex, slow, and out of reach for many. By combining our product innovation and underwriting expertise with JazzCash's unmatched digital reach, we are creating an experience that is fast, fair, and frictionless. This is more than just a digital channel, it's a transformation of the entire insurance journey, enabling us to serve customers with the speed, trust, and convenience they deserve. Our focus remains on delivering solutions that truly meet the needs of people, wherever they are, and this collaboration is a strong testament to that commitment.' By combining JazzCash's national scale of over 20 million active users and EFU Life's product and actuarial expertise, this collaboration is poised to deliver transformative impact across Pakistan. From urban centres to remote communities, it opens the door to secure, digital-first protection for underserved populations who have long been excluded from traditional insurance channels. Copyright Business Recorder, 2025
New Indian Express
20-07-2025
- New Indian Express
Two Irani gang members held after shootout in southeast Delhi
NEW DELHI: Two members of an Irani gang were arrested following a brief exchange of fire in southeast Delhi. They both had come to the city to commit robberies with other gang members. They have been identified as accused Murtaza Ali (38) and Siraj Ali (40), both residents of Bhopal, MP. Two sophisticated pistols, six live cartridges and one stolen motorcycle have been recovered from their possession. The duo were nabbed acting on a tip-off that they would pass through the area opposite Indraprastha Park near the Meerut Expressway T-point. A team comprising Hazrat Nizamuddin police station and a special task force was formed. At around 12.30 am, police intercepted the accused on a motorcycle. The goons opened fire, discharging four rounds at the police team, with one round striking the bulletproof jacket of constable Rajender. In self-defence, police fired three rounds, injuring both accused in their legs. They were shifted to Safdarjung Hospital, Additional Deputy Commissioner of Police (Southeast) Aishwarya Singh said. The duo are habitual offenders with a history of crime.
Indian Express
20-07-2025
- Indian Express
Two members of Irani gang, who were plotting robberies in Delhi-NCR, held after shootout : Cops
Following a brief exchange of fire, two alleged members of the Irani Gang — Murtaza Ali and Siraj Ali — were nabbed on Saturday, said police. Known for their alleged involvement in a series of violent crimes across multiple states, the two accused sustained bullet injuries on their left legs during the encounter, officers said, adding that they are currently undergoing treatment at Safdarjung Hospital. According to the police, the operation was launched based on a tip-off received at Hazrat Nizamuddin police station regarding the movement of armed criminals allegedly planning to commit robberies in the South-East district. The two men were expected to pass through the area opposite Indraprastha Park near the Meerut Expressway T-point, prompting the police team to strategically position themselves and intercept the suspects around 12:30 am on Saturday. 'When confronted and instructed to surrender, both suspects immediately opened fire, discharging four rounds at the police team, with one round striking the bulletproof jacket of Constable Rajender. In a decisive act of self-defense and retaliation, the police fired three rounds, injuring both accused in their left legs. The injured suspects were promptly transported to Safdarjung Hospital for medical treatment,' said Additional DCP (South East), Aishwarya Sharma. A total of seven rounds were exchanged, and seven empty shells were recovered from the scene, said police. Crime and forensic teams conducted a thorough on-site inspection, and a case was registered at the Sunlight Colony police station. During questioning, both men allegedly admitted that they had traveled to Delhi with the intent of committing a series of robberies in collaboration with other gang members in Delhi-NCR. Efforts are ongoing to locate and apprehend the remaining members of the Irani gang, said police. According to the police, Murtaza Ali, 38, a resident of Bhopal, has a long criminal history with 46 cases of robbery, dacoity, and theft registered against him in Madhya Pradesh, Andhra Pradesh, and Karnataka. He was released from jail about a year ago. Siraj Ali, 40, also from Bhopal, was previously involved in a case under the Arms Act. He was working as a street vendor selling belts and perfumes.
Business Recorder
09-07-2025
- Business
- Business Recorder
DIBPL partners with JazzCash to enhance digital financial solutions
KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL) has joined hands with JazzCash to facilitate and grow inland home remittance transactions to Pakistan through innovative, easy and seamless digital financial solutions. A Memorandum of Understanding (MoU) was signed at Dubai Islamic Bank's Head Office in the presence of senior management from both organisations. This strategic collaboration enables international remittances to be routed directly into JazzCash accounts via DIBPL's global network, providing customers with faster, more convenient and secure access to funds. The partnership will also explore innovative digital financial solutions tailored to the needs of freelance community in Pakistan. Commenting on the occasion, Muhammad Ali Gulfaraz, CEO of DIBPL, said this partnership with JazzCash is motivated by our commitment to deliver inclusive and innovative financial solutions. By combining our international and domestic scale with JazzCash's extensive last mile digital reach to millions of recipients, we aim to make remittances and digital transactions more accessible, secure, and aligned with the needs of a diverse customer base, he added. Adding to this, Murtaza Ali, President of JazzCash, said with over a quarter of Pakistan's 2.3 million freelancers is already relying on JazzCash for their payments, this partnership with DIBPL allows us to deepen our impact and build tailored solutions for a rapidly growing segment of the digital economy. 'Together, we are enabling more seamless cross-border transactions, particularly for freelancers who need fast, secure, and Shariah-compliant access to global payments,' he added. As Pakistan's freelance sector continues to gain momentum globally, initiatives like this play a vital role in bridging financial gaps and empowering independent professionals with the right tools to manage and grow their earnings. This partnership reinforces both organisations' commitment to promoting financial inclusion, enhancing user convenience, and advancing Pakistan's digital economy- all within a Shariah-compliant and regulatory-compliant framework. Copyright Business Recorder, 2025
Business Recorder
28-06-2025
- Business
- Business Recorder
Murtaza Ali joins IAMTN Advisory Board
KARACHI: Murtaza Ali, President of JazzCash, Pakistan's leading digital financial services platform, has been appointed to the Advisory Board of the International Association of Money Transfer Networks (IAMTN). This historic appointment marks him as the first and only Pakistani to serve on the board of this prestigious global body, which is dedicated to advancing cross-border payments and fostering financial inclusion worldwide. IAMTN is the leading global trade association for the cross-border payments industry. The organization plays a pivotal role in transforming international money transfers, promoting transparency, and driving innovation in financial services. Veronica Studsgaard, Founder and Chair at IAMTN, welcomed Murtaza Ali to the board, expressing her enthusiasm about his appointment: 'We are delighted to have Murtaza Ali join the IAMTN Advisory Board. His extensive experience in digital financial services and his deep understanding of Pakistan's remittance and payments ecosystem will bring invaluable insights to our organization. We look forward to working with him to advance IAMTN's mission of fostering innovation, financial inclusion, and collaboration in cross-border payments.' Copyright Business Recorder, 2025
