PETALING JAYA, July 26 — Syarikat Takaful Malaysia Bhd (Takaful Malaysia) expects its growth in revenue to equal the industry growth of 20 per cent this year.

Group Managing Director Datuk Mohamed Hassan Kamil said the company recorded a total revenue of RM1.2 billion last year.

The increase in revenue for this year would be attributed to the performance in the second half year, which was expected to be much better compared with the first half, he said.

“The second half (of 2013) is expected to be better because in the first half, there were a lot of uncertainties in terms of economic and political scenario,” he told reporters at the company’s corporate social responsibility (CSR) programme here today.

Hassan said the company would also introduce new products before the end of this year to boost revenue growth, including an improved version of its investment-linked product, Takaful myGen Life, and a new stand alone health insurance product.

Currently, Takaful Malaysia holds the biggest market share in both the group family product segment and general non-motor business segment.

On the company’s CSR programmes, he said the various CSR programmes implemented to date were expected to contribute to the growth in revenue.

“Two upcoming CSR programmes are donation of information and technology equipment to schools and adopt a school programme — renovating and cleaning of a chosen school to make its condition presentable,” said Hassan.

Among the company’s previous CSR programmes were breaking of fast with children from Al-Khadeem House of Hope and shopping spree reward for the children of Nur El-Amin Charity Home, which also included donations to the respective homes. — Bernama