That figure 8.25% is VERY misleading. Many financial blogs just quote the 8.25% figure without explanations. The same thing happened last year.

Actually, it's savings X 6.25% for those have done their Hajj, and (savings X 6.25% + (Hajj cost X 2%)) for those who haven't.

*edited - error in previous formula

This post has been edited by elroyrovers: Jan 23 2015, 12:33 AM

last year Tabung Haji caused an uproar when they declared like this. Those who have gone to Hajj thought they would get 2% less on their savings than those who haven't. Then things quieten down when they found out that the difference is only RM199.60 or less.