Tabung Haji

Tabung Haji Announces 3.1% Profit Distribution for 2023: What You Need to Know

Find out the latest updates on Tabung Haji's profit distribution rate for 2023 and its discussions with the government to reclaim assets.

Tabung Haji, a well-known pilgrim fund, is currently in early discussions with the government regarding the reclamation of its assets. In 2018, UJSB, a special purpose vehicle under the Ministry of Finance, took over underperforming assets from Tabung Haji, sparking further developments in the fund's financial management.

For the fourth consecutive year, Tabung Haji has maintained a profit distribution rate of 3.1% after zakat for the financial year ended on December 31, 2023 (FY2023). This announcement signifies the fund's commitment to providing stable returns to its members amidst economic fluctuations.

Today, Tabung Haji officially declared a profit distribution rate of 3.1% for the year 2023, reinforcing its dedication to financial transparency and sustainability. This decision reflects the fund's efforts to uphold its core values and ensure the well-being of its investors.

In a recent update, Tabung Haji has communicated the continuation of the 3.1% profit distribution rate for 2023, maintaining consistency and reliability for its members. This assurance reaffirms the trust and credibility that Tabung Haji upholds within the financial sector.

Did you know? Tabung Haji's decision to maintain the dividend rate at 3.1% for 2023 demonstrates its resilience and strategic financial planning in uncertain times. Additionally, the fund's ongoing discussions with the government underscore its commitment to enhancing financial performance and accountability.