Yes, you may.

The tabung is mainly for those who are saving up for Hajj.
But it also a good investment vehicle, as it gives good dividend annually.

But usually the dividend payout is like this.


e.g.
TH declares 6% dividend + 2% bonus for period ending 31 Dec XX.

This is how it works.

All depositors are entitled to the 6%. ALL.

However, the bonus dividend [as per my example, it is 2%],
is given ONLY to those who still does not have sufficient amount to perform Hajj [as of 2O14, it is RM1Ok].


put simply:
Enough saving to perform Hajj : get 6%
Not enough savings yet? : get 6% + 2%.

Yes.

So long as he/she is Malaysian and a Muslim, Yes.

Was told that the expected date is just that, a rough calculation on when one is going to perform Hajj.

However, do remember that there are other factors as well, including :

[1] Those who are queued to go, but have not enough savings yet.
[2] The person are not ready to go, and thus either pass his/her slot to relatives, or get TH to find replacement.
[3] The person queued is a lady, and am not able to go without a muhrim, so have to forego.
[4] Death/migrate to other countries, which means those who are in waiting list get a chance to go.

And a whole lot of other reasons to.

In gist, yes.
There are many factors that may expedite one's turn to perform Hajj

I'm not too sure about the claim that ASB invest in Shariah non-compliant sectors.
AFAIK, the ASB is deemed Shariah-compliant.

Yes, that is one of the difference.
However, at the end of the day, if one chooses to pay the Zakat, then the net income would be the same.

But it is different in the sense that AHB is a bit like FD, with minimum amount for deposits/top-up.

Whereas for TH, it works more like savings. Just deposit whatever amount you want, and when you desire.

Have to satisfy both conditions :

[1] Malaysian citizen.
[2] Muslim.


No issue whether Malay/non-Malay.


LOL no worries. Again, I would like to reiterate that AHB works more like FD.
Whereas TH is dividends on savings.

Major differences would be :

There is a fixed amount for deposits/top-up for AHB.
Whereas TH, it depends on depositors to put how much they want.

I am not sure whether there is a lock-in period for AHB,
but for TH, the depositors can take out their savings whenever they wish to do so.

Many thanks for the link.

The topic cropped up because forumers were comparing the merits of putting their
money in TH vs AHB. That is all

How does Tabung Haji give out dividends/bonus ?

Is it calculated on the yearly saving average, or the saving balance as at the date of declaring dividends/bonus ?

^ major thanks for this!

Does anyone knows when usually TH will declare the dividends, and for which period?
I am guessing Jan-Dec period, right ?

I think it is because they could not find anyone to sell it to.
Especially since everyone knows that the price is overly inflated.


Anyways, when does TH usually declare its dividends ?

Ah, so meaning it'll take into account the savings from Jan-Dec.
Is it only once annually?

^ Thanks for the confirmation

This post has been edited by nujikabane: Jun 30 2015, 08:46 AM