RCI TH: Hibah paid to depositors valid under completed contract - FT Mufti Dept
KUALA LUMPUR: Hibah (profit) distributed by Lembaga Tabung Haji (TH) during years when it recorded deficits, particularly between 2014 and 2020, legally belonged to depositors, the Federal Territories Mufti Department said.
The Federal Territories Mufti Department has clarified that the hibah (profit) paid to depositors by Lembaga Tabung Haji (TH) during years with deficits between 2014 and 2020 was valid under the completed contract principle. The department stated that the money received by depositors was not unlawful or doubtful (syubhah) wealth, as it was given under a hibah contract whose conditions for transfer had been fulfilled.
The haj performed by pilgrims who used hibah funds during this period was also valid and not affected, according to the department's article on the Tinta Mufti section of its website.
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