Lembaga Tabung Haji (TH) has welcomed the government’s move to amend the Tabung Haji Act 1995, in line with recommendations by the Royal Commission of Inquiry (RCI), to further strengthen governance at the Islamic financial institution.
In a post on its official Facebook page, TH said the proposed amendments would help reinforce governance and ensure the trust entrusted to the institution remains protected.
“As an Islamic financial institution that manages the savings of Muslims for the purpose of performing the Hajj, TH is committed to continuously strengthening governance, transparency and integrity to safeguard the interests of depositors and the sustainability of the institution,” it said.
TH added that it would continue to support efforts to improve its governance framework, with the aim of strengthening depositors’ confidence and ensuring the institution’s mandate is preserved for future generations.
The government’s proposed amendments come following the RCI’s recommendations on TH, with the changes aimed at reinforcing the institution’s governance and accountability framework.
TH said it remains committed to upholding the trust placed in the institution while ensuring the interests of its depositors remain protected.
