Lembaga Tabung Haji will distribute RM3.23bil in bonuses to its depositors, according to Datuk Seri Jamil Khir Baharom.

The Minister in the Prime Minister's Department announced that the 2015 dividend rate was 5%, with a further 3% for depositors who have yet to perform the haj.

He said the combined 8% dividend would benefit 8.23 million Tabung Haji depositors who have yet to perform their pilgrimage.

In 2014, depositors received an annual dividend of 6.25% in addition to 2% for those who had not performed their haj.

guess they got the money by selling off the foreign assets recently

Lembaga Tabung Haji said it will be developing the 1.6-acre Tun Razak Exchange (TRX) land it had bought from 1Malaysia Development Bhd (1MDB) into high-end residential apartments worth an estimated gross development value (GDV) of RM820 million.

Chairman Datuk Seri Abdul Azeez Abdul Rahim said the land is worth about RM250 million currently, compared to the RM188.5 million price tag it paid to 1MDB to acquire the tract last April, which, in turn, was 43 times the price 1MDB had paid for the plot when it bought the land from the federal government about five years ago.

"We [have] reconsidered our position, and decided that it is better to keep and develop the land, since it has gone up in value to about RM3,100 per sq ft from the RM2,773 that we paid for," Azeez told a press conference

http://www.theedgemarkets.com/my/article/t...?type=Corporate

1st timer - RM9,980

2nd time & above - RM18,890 (full price, no TH subsidy )

http://www.tabunghaji.gov.my/dalam-negara

really? nobody mention anything also.. even mufti all silence only

Lembaga Tabung Haji (LTH) has called for an end to the baseless allegations being levelled against it and which have stirred up confusion, while impacting unity among Muslims.

In a statement today, the LTH stressed that its financial position was strong with revenue of RM4.47 billion and realised profit reaching RM3.53 billion for the financial year 2015.

"From 2009 to this year, TH has retained RM9,980 as the haj fee for each pilgrim. For 2016, the actual haj cost rose to RM18,890, so the subsidy was RM8,910.

"TH is expected to bear a subsidy of RM160 million for this haj season.

"The clearly strong financial and investment position of TH has enabled the LTH to bear the haj subsidy of RM815 million over the past decade," it added.

Meanwhile, depositors have been advised to check their bonus payments at TH counters or via the ATM machines of its strategic banking partners (Bank Islam, Bank Rakyat and Maybank Islamic) by the latest, Feb 10.

cannot do much. u want to perform hajj 1st time at subsidized rate, then needed to deposit with TH.

TH good or bad. pay dividend using reserves etc. is non issue

Lembaga Tabung Haji (LTH) has stressed that its accumulated profit remains positive at RM609 million compared to the RM293 million at end-2014 and despite the payment of the bonus for 2015.

"This is in line with Bank Negara Malaysia's call for LTH to review its existing reserve policy.

"It needs to be reiterated that the 2015 bonus was paid from the current year's profit and not by utilising reserves,' the LTH said in a statement today.

The fund management company has credited RM3.2 billion as bonus payment to its 8.85 million depositors since last Monday.

The LTH said its financial statement was prepared based on the financial reporting standards published by the Malaysian Accounting Standards Board and follows the syariah principles.

Lembaga Tabung Haji (TH) allegedly lost RM933 million through its shares in Felda Global Venture Berhad (FGV)?
http://www.malaysiandigest.com/business/59...fgv-shares.html

Tabung Haji lost nearly RM100 mil in Silverbird shares, says Rafizi

http://www.theedgemarkets.com/my/article/t...?type=Corporate

Lembaga Tabung Haji (TH) will see a new Group Managing Director, starting July 1, 2016.

Johan Abdullah, the current Deputy Group Managing Director at the pilgrim’s fund, will replace the outgoing Ismee Ismail, as both the Managing Director and Chief Executive Officer (CEO).

In a statement today, TH announced Johan would take over the CEO’s role starting May 16, 2016.

Tabung Haji said to offer US$290 mil London office for sale

http://www.theedgemarkets.com/my/article/t...?type=Corporate

what TH trying to hide.

for god sake, it's already near ending of 2016, and yet 2015 report still not out

take so long time to "smooth" the figures & financials huh

and the same fellow win back & rule the country for another term even after all the scandals previously

Rafizi urges early action on Tabung Haji’s RM3b fund deficit
http://www.theedgemarkets.com/my/article/r...?type=Corporate

hahaha I guess no action would be taken. "close one eye"

Tabung Haji Refutes Allegations Of Inability To Repay Depositors

http://www.bernama.com/bernama/v8/bu/newsb....php?id=1298268

Those porform haj via TH is very lucky..
TH subsidizes a lot.. The real cost is way higher than the current rate...

Wow the rate is quite low, especially those who don't get bonus..
Near to FD rate already

Wonder how would be for next year

Hmm true..
TH really politically connected...
Guess someone gonna be axed soon