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QUOTE(petirbuas @ Aug 19 2013, 12:26 AM)
Benefits
1) Syaria compliant
2) Competitive divident. ASB is better but TH already paid zakat(tithe) for the savings

1.5% special bonus = TH 50years anniversary
3) No tax
4) No maturity period(as opposed to FD/Trust)
5) No limit(as opposed to PNB portfolio)
As Muslim must go to Mecca for Hajj someday, saving in TH is a almost compulsory. At least RM1,300 for hajj registration to get into the waiting list. Last year waiting list is already up to 2047. So I think, TH is really good alternative to ASB for Muslims interested in low risk low return investment. Saving with TH is much simpler than TH already provide their own online platform and collaborate with few banks(CIMB/MBB/BIMB etc) in Malaysia to allow direct deposit online and through ATM. EPF also allow us to use EPF savings to register for hajj.
+1. To be specific,
1) Muslim and
2) Malaysian citizen or Permanent Resident
Frequently Asked Questions
New account
Withdrawal
Savings
Same as ASB iinm
Average minimum monthly balance / 12 x divident
Example calculation for 6.5% dividend

But I'm not sure how they'll pay the dividend though
1) Syaria compliant
2) Competitive divident. ASB is better but TH already paid zakat(tithe) for the savings
» Click to show Spoiler - click again to hide... «

1.5% special bonus = TH 50years anniversary
3) No tax
4) No maturity period(as opposed to FD/Trust)
5) No limit(as opposed to PNB portfolio)
As Muslim must go to Mecca for Hajj someday, saving in TH is a almost compulsory. At least RM1,300 for hajj registration to get into the waiting list. Last year waiting list is already up to 2047. So I think, TH is really good alternative to ASB for Muslims interested in low risk low return investment. Saving with TH is much simpler than TH already provide their own online platform and collaborate with few banks(CIMB/MBB/BIMB etc) in Malaysia to allow direct deposit online and through ATM. EPF also allow us to use EPF savings to register for hajj.
+1. To be specific,
1) Muslim and
2) Malaysian citizen or Permanent Resident
Frequently Asked Questions
New account
Withdrawal
Savings
Same as ASB iinm
Average minimum monthly balance / 12 x divident
Example calculation for 6.5% dividend
» Click to show Spoiler - click again to hide... «

But I'm not sure how they'll pay the dividend though
Hey guys, I was wondering is there any maximum input limit for Tabung haji savings? Like ASB its 200k.
Or is it as mentioned in the quoted above?
Oct 4 2014, 07:41 PM

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