TH announces 3.10 per cent profit distribution for 2023
The distribution of profits involved a sum of RM2.72 billion and would benefit more than 9.15 million TH depositors.
KUALA LUMPUR - Lembaga Tabung Haji (TH) has announced a profit distribution of 3.10 after zakat (tithe) for the financial year 2023.
Minister in the Prime Minister's Department (Religious Affairs) Datuk Mohd Na'im Mokhtar, when announcing the matter, said the distribution of profits involved a sum of RM2.72 billion and would benefit more than 9.15 million TH depositors.
"TH has distributed profit distribution totalling RM42.88 billion since its establishment 60 years ago," he told a press conference here today.
Also present were TH chairman Tan Sri Abdul Rashid Hussain, Group managing director and TH chief executive officer Syed Hamadah Syed Othman, and TH Group executive director of finance Mustakim Mohamad.
Mohd Na'im said the profit for 2023 was announced based on the audited financial statements and after taking into account the impairment in the value of investment properties in Saudi Arabia and the United Kingdom. - BERNAMA
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