Tabung Haji

Last updated
Lembaga Tabung Haji
Company type State-owned enterprise
Industry Finance
Hospitality
Property
Plantation
Information technology
Founded30 September 1963;62 years ago (1963-09-30) (as Malayan Muslim Pilgrims Savings Corporation)
8 August 1969;56 years ago (1969-08-08) (as Lembaga Urusan dan Tabung Haji)
1 June 1995;30 years ago (1995-06-01) (as Tabung Haji)
Founder Ungku Abdul Aziz
Headquarters Tabung Haji Tower, 201, Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia
Key people
Abdul Rashid Hussain, Chairman
Subsidiaries See subsidiaries
Website tabunghaji.gov.my

Lembaga Tabung Haji (Jawi: لمباݢ 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 Tabung Haji Tower, 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 and information technology. [3]

Contents

Prior to the establishment of Lembaga Tabung Haji, there was no Islamic financial institution that provided services to the Muslim in Malaysia to save for hajj expenses, marking it as the first islamic ethics driven company in the world [4] . Even though several banks were already operating, the Muslims were reluctant to use conventional banking for their hajj savings because they wanted to ensure that their hajj savings were free from riba (usury) in order to attain a Mabrur (accepted) Hajj.

History

Lembaga Urusan dan Tabung Haji (LUTH) was founded in 1969 through a merger between Hajj Prospects Provident Fund Corporation (PWSBH) with Hajj Affairs Office based on the idea by Prof Ungku Aziz. Through his study on how the Malay people saved their money for hajj when he was an economic lecturer in Universiti Malaya, he came out with a paperwork for the Federation of Malaya government on 30 September 1959 that aimed to improve the economy of the hajj prospects. 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 same organization while at the same time getting dividend payout that are free from the elements of usury that can be found in most conventional banking. [5] [6]

In 1995, the name of the Lembaga Urusan dan Tabung Haji was shorten to Lembaga Tabung Haji. [5]

In 2016, Tabung Haji Foundation (YTH) was founded with a contribution of RM7 millions to the program, among others, to implement humanitarian assistance and contribution to the poor, the underprivileged, and the needy. [5]

Starting with RM46,610 deposit from 1,281 depositors on 30 September 1963 under PWSBH, TH in 2017 has recorded a total deposit of RM73 billions 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. [5] [6]

Subsidiaries

The main headquarters of Tabung Haji at Jalan Tun Razak, Kuala Lumpur, Malaysia. KL- Lembaga Tabung Haji HQ.JPG
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. [7]

Awards and accolades

YearAwardCategoryResultRef.
2023Labaytum AwardsBest Service Category for Hajj Affairs OfficeWon [8] [9]
Best Hajj Guide Service and ProgrammeWon [8] [9]
2024Best Service Category for Hajj Affairs OfficeWon [8] [9]
2025Diamond AwardWon [8] [9]

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. Asutay, Mehmet (2022-05-25). M2 L2_S06. The Sustainable Development Goals and the Role of Islamic Finance. Prof. Mehmet Asutay (Video).
  5. 1 2 3 4 "Tabung Haji: Apa yang perlu anda tahu". Sinar Harian (in Malay). 22 January 2019. Retrieved 18 August 2021.
  6. 1 2 "Mengenang Ungku Aziz: Figura penting penubuhan Tabung Haji". Astro Awani (in Malay). 6 December 2020. Retrieved 18 August 2021.
  7. "Theta Edge Berhad Official Page".
  8. 1 2 3 4 "Tabung Haji Awarded The Prestigious Labaytum Diamond Award From Saudi Arabian Ministry Of Hajj And Umrah". Lembaga Tabung Haji. 10 June 2025. Retrieved 7 July 2025.
  9. 1 2 3 4 "Tabung Haji cipta sejarah, raih 'Diamond Award' anugerah tertinggi Labaytum 2025". Majoriti. 10 June 2025. Retrieved 7 July 2025.