Kuala lumpur: Takaful Ikhlas General Berhad (Takaful IKHLAS) has enhanced its IKHLAS Waqf and Endowment (IWE) initiative with a new feature - a RM500 death benefit - providing participants' heirs with added financial security. In a statement today, Takaful IKHLAS said the additional benefit was introduced as a gesture of concern and support for participants' heirs during difficult times.
According to BERNAMA News Agency, the IWE initiative was introduced in 2019 as a social responsibility program by Takaful IKHLAS to encourage continuous contributions to the community. IWE is offered at no cost to those subscribing to general takaful protection plans. Through this initiative, Takaful IKHLAS allocates RM1,000 in the participant's name for waqf or endowment purposes in the event of death due to an accident.
MNRB Holdings Berhad Interim President and Group Chief Executive Officer Datuk Rudy Rodzila Che Lamin, who is also Takaful Ikhlas President and Chief Executive Officer, stated that the additional benefit was introduced as a proactive step to enhance support for participants. He emphasized that Takaful IKHLAS aims to ensure products not only provide comprehensive protection but also deliver continuous benefits, reflecting the takaful concept of mutual assistance and care. The funds collected through IWE are managed by IKHLAS Barakah House, a Syariah-compliant fundraising platform under Takaful IKHLAS.
Rudy Rodzila highlighted that since the inception of IWE, a total of RM86,000 has been collected and directed towards community well-being initiatives, including cash donations, medical equipment, and treatment assistance for selected waqf institutions. He pointed out that the goal of IKHLAS Barakah House is 'Bersama Memperkasakan Kehidupan', ensuring every participant contribution delivers ongoing benefits to the community.
Recently, Takaful IKHLAS handed over IWE contributions from 37 participants in the form of five phototherapy machines to the Paediatric Ward of MSU Medical Centre (MSUMC). These machines are intended to assist in the treatment of babies with jaundice and other conditions requiring light therapy as the primary treatment method. The contributions were handed over by President and Chief Executive Officer of Takaful Ikhlas Family Berhad, Wan Ahmad Najib Wan Ahmad Lotfi, to the Founder and President of Management Science University and MSUMC, Tan Sri Dr Mohd Shukri Ab Yajid.