HEADLINES

Tabung Haji announces 3.25% profit distribution, highest since 2018

Total RM2.92 billion will be distributed to more than 9.54 million depositors

11:09 AM MYT

 

KUALA LUMPUR – Lembaga Tabung Haji (TH) today announced a profit distribution of 3.25% after zakat for the 2024 financial year, the highest rate in seven years since 2018. 

Minister in the Prime Minister’s Department (Religious Affairs) Datuk Mohd Na’im Mokhtar said the total profit distribution amounts to RM2.92 billion, benefiting more than 9.54 million TH depositors. 

“This rate was achieved after accounting for zakat payments of 2.5775 per cent (RM99.35 million),” he said at a press conference announcing TH’s profit distribution rate for the 2024 financial year here. – March 21, 2025

MORE TO FOLLOW

Topics

 

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Feathers ruffled over hornbill flap – Joseph Masilamany

Why getting Sarawak’s state bird right matters more than you think 

Lower assessment rates for PJ properties, but up to 25% higher quantum due to property value

MBPJ set to review real estate taxes for 2025, 33 years after last revision

Related