Page 80 - Full Book_24.4.2021

MANAGEMENT
DISCUSSION & ANAlYSIS

Responding to new marketplace needs, Takaful Malaysia
widened its portfolio of Takaful offerings with four new products
during the year - Takaful mySME, Takaful myClick MozzCare, Takaful
Takaful mySinar PA and Takaful myWealth Plus. Takaful Takaful
mySME is a comprehensive and flexible plan that can be tailored mySME myClick
towards a wide range of protection to cover specific business MozzCare
risk. Takaful myClick MozzCare is an affordable online protection TAKAFUL
INTEGRATED ANNUAL REPORT 2020 personal accident coverage for individuals and their families, Takaful NEW PRODUCTS
plan for Dengue and Zika that was extended to cover COVID-19
at no additional cost. Takaful mySinar PA provides comprehensive
MALAYSIA
especially during Hajj or Umrah. Finally, Takaful myWealth Plus is
a limited pay endowment Takaful plan that provides guaranteed
cash payments and Takaful protection as well as potential growth
Takaful
on investments.
PA
PA
During the year, Takaful Malaysia service centres nationwide mySinar myWealth
actively participated in various on-ground and marketing
76 activities to promote and market our products and services,
especially our comprehensive Click for Cover online products
to the local communities. Among the on-ground activities were Giving Back to the Community
BIMB HOLDINGS BERHAD 199701008362 (423858-X) Sembilan, Selangor and Kedah. charity programmes and initiatives that impact a positive
the ‘Program Anjuran Jabatan Agama Islam Melaka Bersama
Giving back to the community is an integral aspect of BHB’s
Guru-Guru Agama’ and ‘Program Kem Solat’ in Melaka, ‘Maqan’
heritage and corporate culture. It is a priority for us in supporting
Fest 2020 in Johor and other marketing activities held in Negeri
influence on the community. Over thousands of needy families
and individuals, communities as well as school children have
In supporting BNM’s objective to transform Malaysia into a
benefitted from our contributions.
cashless society, Takaful Malaysia has introduced one of the
fastest growing payment trends in Malaysia, e-Wallet, on top
During the year under review, our subsidiaries carried out various
of other payment methods available via the Click for Cover OSP
to provide convenience to customers, apart from reducing theft
Social Responsibility (“CSR”) umbrella of Amal and Takaful
and fraud. Customers now have easy access to multiple e-Money
myJalinan. These ranged from financial and non-financial
issuers to pay their contributions for selected online protection community-based activities and programmes via their Corporate
contributions to communities in need to established programmes
plans.
that target sustainable upliftment for the long term.
BIMB Securities contributed to Bursa Malaysia’s call for increased In 2020, the Group contributed a total of RM2.7 million for
women participation in the Malaysian capital market by its CSR efforts, with Bank Islam contributing more than RM2.2
participating in the Women’s Day Promotional Campaign. During million and Takaful Malaysia contributing more than RM380,000.
this period, CDS Account opening fees for women were waived Overall, the Group’s employees clocked more than 6,600
to attract more women investors.
man-hours as volunteers for CSR activities, with Bank Islam’s
employees clocking in at more than 5,800 man-hours and Takaful
Malaysia’s employees clocking in at nearly 500 man-hours.

Details on the Group’s CSR activities are outlined on page 110.