Tabung Haji

Lembaga Tabung Haji (Jawi: تابوڠ حاج ; Arabic صندوق الحج) also known as Tabung Haji or TH is the Malaysian hajj pilgrims fund board.[1] It was formerly known as Lembaga Urusan dan Tabung Haji (LUTH). The main headquarters is located at Jalan Tun Razak, Kuala Lumpur. Tabung Haji facilitates savings for the pilgrimage to Mecca through investment in Shariah-compliant vehicles.[2] Through its subsidiaries, the company also engaged in other industries such as finance, hospitality, property, plantation, information technology and marine engineering.[3]

Lembaga Tabung Haji
TypeState-owned enterprise
IndustryFinance
Hospitality
Property
Plantation
Information technology
Marine engineering
Founded30 September 1963 (as Lembaga Urusan dan Tabung Haji)
(as 28 August 1997 (as Tabung Haji)
Headquarters201, Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia
SubsidiariesSee subsidiaries
Websitetabunghaji.gov.my

History

Lembaga Urusan dan Tabung Haji (LUTH) was founded in 1969 through a merger between the Hajj Prospects Provident Fund Corporation (PWSBH) and Hajj Affairs Office based on an idea by Prof Ungku Aziz. Through his study on how the Malay people saved their money for hajj when he was an economic lecturer at the University of Malaya, Prof Aziz came out with an idea for the Federation of Malaya government on 30 September 1959 that aimed to improve the economy of the Hajj travellers. The idea was for the people to save money in a shariah-compliance organization and have all of their hajj affairs to Mecca be taken care of by the same organization while at the same time getting dividend payouts that are free from the elements of usury that are found in most conventional banking.[4][5]

In 1995, the name of the Lembaga Urusan dan Tabung Haji was shortened to Lembaga Tabung Haji.[4]

In 2016, Tabung Haji Foundation (YTH) was founded with a contribution of RM7 million to the program, among others, to implement humanitarian assistance and contribution to the poor, the underprivileged, and the needy.[4]

Starting with a deposit of RM46,610 from 1,281 depositors on 30 September 1963 under PWSBH, TH in 2017 has recorded a total deposit of RM73 billion from nine million depositors and 125 branches with almost ten thousand 'touch-points' across Malaysia. Outside Malaysia, Tabung Haji has an office in Jeddah that is under the supervision of the Malaysian consulate.[4][5]

Subsidiaries
The main headquarters of Tabung Haji at Jalan Tun Razak, Kuala Lumpur, Malaysia.

Financial Institution
  1. BIMB Holdings Berhad
    1. Bank Islam Malaysia Berhad
    2. Takaful Malaysia Berhad
    3. BIMB Securities

Services
  1. TH International Sdn Bhd

Hospitality
  1. TH Hotel & Residence Sdn Bhd
    1. TH Global Sdn Bhd
    2. TH Travel & Services Sdn Bhd

Property Development and Construction
  1. TH Properties Sdn Bhd
  2. LTH Property Investment (L) Inc.
  3. LTH Property Holdings Limited
  4. LTH Property Holdings 2 Limited

Plantation
  1. TH Plantations Berhad
  2. TH Indo Industries Sdn Bhd
  3. TH Indopalms Sdn Bhd
  4. TH Estates (Holdings) Sdn Bhd
  5. Deru Semangat Sdn Bhd

Information Technology
  1. Theta Edge Berhad

Theta Edge Berhad is a subsidiary of Tabung Haji and involves in ICT service provider. The company listed on the Second Board of the Kuala Lumpur Stock Exchange in 1994 and moved to the Main Board in 1999 of the Bursa Malaysia Securities Berhad.[6]

Marine Engineering
  1. TH Heavy Engineering

TH Heavy Engineering (THHE) is a public limited company that located in Kuala Lumpur.[3] This company mainly engaged in the oil and gas industry which is the main focus business in offshore facilities fabrication and maintenance and also oil and gas engineering services.[7][8] THHE also owned an expertise in shipbuilding and ship maintenance industry and owned a 57 acres fabrication yard in Pulau Indah, Selangor.[9] After actively involved in the oil and gas industry since 2002, THHE was listed on the main market of Bursa Malaysia in January 2005.[10][11] In January 2017, THHE joint venture with Destini Berhad has won a contract to build three Tun Fatimah-class offshore patrol vessel for the Malaysia Coast Guard.[12][13]

References
  1. (18 July 1990). Tunnel tragedy death toll may reach 155, says Yusof, New Straits Times
  2. "Paket Umroh Hemat". www.hajiplusumroh.com. Retrieved 18 November 2015.
  3. T. Gomez, Edmund; Padmanabhan, Thirshalar; Kamaruddin, Norfaryanti; Bhalla, Sunil; Fisal, Fikri (2017). Minister of Finance Incorporated: Ownership and Control of Corporate Malaysia. Springer. p. 173. ISBN 9789811048975.
  4. "Tabung Haji: Apa yang perlu anda tahu". Sinar Harian (in Malay). 22 January 2019. Retrieved 18 August 2021.
  5. "Mengenang Ungku Aziz: Figura penting penubuhan Tabung Haji". Astro Awani (in Malay). 6 December 2020. Retrieved 18 August 2021.
  6. "Theta Edge Berhad Official Page".
  7. "Wall Street Journal-Market Data".
  8. "The Edge Markets-More Issues Surface THHE". 17 November 2020.
  9. "THHE Official Page".
  10. "Reuters-THHE Companies". Reuters.
  11. "Malaysian Defence-Coming Soon OPV".
  12. Samarathisa, Emmanuel (January 14, 2020). "Destini: No new talks with MMEA, to deliver first OPV this year".
  13. "Milestones".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.