Fixing Tabung Haji
IN the past, Lembaga Tabung Haji (TH) has played a crucial role in society. The Islamic institution provides various facilities which are comprehensive and systematic for the welfare of Malaysian Haj pilgrims. It was also established in order to enable Muslims to invest and effectively participate in the nation’s economic activities.
Over the years, it has expanded its investment activities to include various economic sectors, such as commercial, industrial, plantation and financial services. However, as an investment fund, things have not panned out as well as can be.
Its huge liabilities have been a point of focus in the past and when the Pakatan Harapan government came into power, the restructuring and rehabilitation of the pilgrim fund was undertaken.
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