Company type | State-owned enterprise |
---|---|
Industry | Finance Hospitality Property Plantation Information technology |
Founded | 30 September 1963 (as Lembaga Urusan dan Tabung Haji) 28 August 1997 (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 |
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 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]
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. 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 Hajj.