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Tabung Haji: 2017 dividend payout contravened TH Act

2019-01-15 505 Dailymotion

Tabung Haji chief executive officer Zukri Samat said that the Islamic Pilgrimage Fund, Lembaga Tabung Haji was not supposed to have paid out dividends for 2017.<br /><br />He said this was according to the Tabung Haji Act 1995 which states that the fund is not allowed to pay dividends if certain criterias are not met.<br /><br />Zukri added that with recovery measures in place, the fund has manged to close the gap for 2018 and will be able to pay a dividend in accordance with the law. However, he also cautioned that it will not be much.

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