Tabung Haji to focus on strategic investments, says CEO

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Nik Mohd Hasyudeen Yusoff says TH will invest more in fixed-income assets such as sukuk and real estate. FMTNews TabungHaji

Lembaga Tabung Haji will focus on six key areas to strengthen the Islamic institution.

“Currently, we have RM70 billion in deposits to manage. What we are doing now is to invest in a way that would secure more stable returns. That is why we will invest more in fixed-income assets such as sukuk and real estate. He said TH would strengthen its deposit and pilgrimage management, human resources, and the group’s subsidiaries.

“For that reason, we are focusing on making TH a respected Islamic institution for achievement and governance.

 

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Yes, keep it safe. Don't want the taxpayers to bailout TH again with another 10b

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