TH welcomes move to amend Act, committed to strengthening governance
KUALA LUMPUR: The Tabung Haji (TH) Board welcomes the government’s move to amend the Tabung Haji Act 1995, in line with the recommendations of the Royal Commission of Inquiry (RCI).
The Tabung Haji (TH) Board has expressed its approval of the government's decision to amend the Tabung Haji Act 1995, following the recommendations of the Royal Commission of Inquiry (RCI). TH believes that these amendments will bolster governance and uphold the responsibilities entrusted to the institution. As an Islamic financial entity responsible for managing Muslims' savings for the Haj pilgrimage, TH is dedicated to enhancing governance, transparency, and integrity to protect depositors' interests and ensure the institution's long-term sustainability.
TH will continue to encourage all initiatives aimed at strengthening trust among depositors and preserving this trust for future generations, as stated in a TH post on its official Facebook page. Prime Minister Datuk Seri Anwar Ibrahim announced on Sunday that the government would implement amendments to the TH Act 1995 to preserve the trust of Muslims.
Anwar, who also serves as Finance Minister, added that the amendment is part of the Madani Government's efforts to strengthen governance and address any institutional weaknesses.
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