Tabung Haji
Tabung Haji is the Malaysian government-authorized statutory body (Act 535/1995) that manages Shariah-compliant Hajj savings, investments, and pilgrimage logistics for 9.7 million Malaysian Muslim depositors across all 16 states.
- Company typePrivate
- Founded1963
- HeadquartersKuala Lumpur, Malaysia
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Tabung Haji does
Tabung Haji (legal name: Lembaga Tabung Haji) is a Malaysian statutory body established in 1963 and operating under the Tabung Haji Act 1995 (Act 535). It functions as the sole government-authorized institution for managing Malaysian Muslims' savings and pilgrimage logistics for the Hajj, the fifth pillar of Islam. The institution serves approximately 9.7 million depositors across all 16 Malaysian states, with deposits 100% guaranteed by the Malaysian Government. Its core product is the Simpanan Haji savings account, operated on the Wakalah (agency) concept under which TH invests depositor funds across Shariah-compliant asset classes — domestic and international equities, sukuk, money markets, real estate, and private equity — overseen by the TH Shariah Advisory Committee (TH SAC).
The product and platform surface spans the full Hajj journey: account opening and savings management via the THiJARI digital platform (web and mobile), physical branches across every Malaysian state, TH Gerak mobile counter units for underserved areas, salary deduction arrangements with employers, JomPAY transfers, and Pos Malaysia deposit collection. Complementary products include TH Khairat (voluntary takaful protection from RM28/year for RM12,000–48,000 coverage), e-Bimbingan (online Hajj training courses), Hibah Amanah (Islamic estate planning), Kelab TaHa (youth savings club), and the premium Pakej PJH operator service. Distribution is amplified through partnerships with Bank Islam, Bank Rakyat, Maybank Islamic, CIMB Islamic, and AmBank Islamic, all of which offer TH transactions through their counter, internet banking, mobile banking, ATM, and CDM channels. The Hajj operations themselves cover queue management, flight and accommodation in Saudi Arabia, on-ground support, the mandatory dam payment introduced for 2026M/1447H, and targeted RM1,000 government subsidies for B40 category pilgrims. The institution does not publish a standalone income statement; its economic engine is management of approximately RM96,370 million (~USD 21 billion) in AUM, distributed back to depositors at a 3.50% profit rate in 2025 — its strongest performance in eight years — supplemented by Hajj fees and takaful administration income.
Tabung Haji firmographics
Firmographics- Name
- Tabung Haji
- Legal name
- Lembaga Tabung Haji
- Website
- https://tabunghaji.gov.my
- Company type
- Private
- Founded year
- 1963
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Tabung Haji is the Malaysian government-authorized statutory body (Act 535/1995) that manages Shariah-compliant Hajj savings, investments, and pilgrimage logistics for 9.7 million Malaysian Muslim depositors across all 16 states.
- Ownership category
- akta.pro rank
Tabung Haji industry classification
Industry- Product category
- Islamic Savings and Hajj Management Services
- NAICS
- Trust, Fiduciary, and Custody Activities (523991), Insurance and Employee Benefit Funds (5251), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282), Finance Services (6199)
- akta.pro primary industry
- Islamic Deposit & Account Products (Current/Savings/Investment Accounts) (FSABAGAI)
- akta.pro secondary industries
- Islamic Private Banking & Wealth (FSABAGAD), Islamic Investment Banking & Capital Markets Services (FSABAGAG)
Keywords
Where Tabung Haji is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Offices18 records
Markets served
Tabung Haji business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Investment Returns and Profit Distribution: Tabung Haji generates revenue through Shariah-compliant investments across multiple asset classes including domestic equities, international equities, sukuk, money market instruments, real estate, and private equity. Annual profit is distributed to depositors based on TH's financial performance, with 3.50% profit distribution rate announced for recent periods. The institution operates on Wakalah principles where TH invests depositor funds and distributes returns.
- Hajj Fee Collection: TH collects Hajj fees from registered pilgrims which cover flight, accommodation in Saudi Arabia, courses and guidance, transportation, meals, equipment, laundry services, payments to Saudi Arabian government, and pilgrimage company service fees.
- TH Khairat Takaful Subscription: Voluntary takaful protection plan offering RM12,000 coverage for death or total permanent disability with annual subscription starting from RM28, administered through Takaful Malaysia and Hong Leong MSIG Takaful.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Hajj package costs for 2026 (1447H) include flight, accommodation, courses, transportation, meals, equipment, laundry, and government fees |
| Subscription | Annual | TH Khairat Takaful - voluntary Shariah-compliant protection plan |
| Other | Pay-as-you-go | TH Savings Account - Wakalah-based savings with no maximum limit |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Tabung Haji product offering
Product offeringCore offering
Tabung Haji operates Shariah-compliant savings accounts (Simpanan Haji) on the Wakalah concept, acting as agent (Wakil) for Malaysian Muslim depositors to manage funds for Hajj pilgrimage preparation. The institution invests depositor funds across equities, sukuk, real estate, money markets, and private equity, distributing annual profits (3.50% in 2025) tax-free, and provides comprehensive Hajj management including queue management, on-ground operational support in Saudi Arabia, training courses via e-Bimbingan, and supplementary products such as TH Khairat takaful, Kelab TaHa youth club, and Hibah Amanah estate planning.
Product overview
Tabung Haji (TH) is a Malaysian Islamic institution established to assist Muslims in saving for and managing their Hajj pilgrimage. The core offering is the Simpanan Haji savings account, operated on the Wakalah concept where TH acts as agent for depositors. The product portfolio encompasses Hajj management services including queue management, operational services, costs/payments, and e-Bimbingan online guidance courses. Digital services are delivered through the THiJARI platform (web and mobile app), complemented by TH Gerak mobile counters. TH offers supplementary products including TH Khairat (Takaful protection from RM28/year), Kelab TaHa (youth savings club), and Hibah Amanah (Islamic trust for estate planning). Investment services manage depositor funds across Shariah-compliant asset classes. Strategic partner banks provide additional transaction channels for savings deposits.
Differentiator
Problem solved
Functional benefit
Products and services
- Simpanan Haji (TH Savings Account) Shariah-compliant savings account operated on the Wakalah concept, allowing Malaysian Muslims to systematically save for Hajj pilgrimage preparation with account opening, regular deposits, beneficiary nomination (Penamaan Waris), withdrawals, and 100% government guarantee on deposits.
- Hajj Management Services Comprehensive Hajj management services covering queue position checking (Semak Giliran Haji), operational management during pilgrimage in Saudi Arabia (Pengurusan Operasi Haji), Hajj costs and payments (Kos Haji dan Bayaran), and coordination of pilgrimage logistics from Malaysia to Mecca and back.
- e-Bimbingan Haji Online learning platform enabling TH depositors and the public to participate in Hajj and Umrah courses remotely, covering Kursus Asas Haji, Kursus Intensif Haji, Kursus Perdana Haji, and specialized programs for Hajj guides and officials (PEKTA instructors including KUTAHU, KITHU, MHPK, EPIH).
- TH Khairat Takaful Voluntary takaful protection plan offering basic coverage of RM12,000 against death or total permanent disability, with annual subscriptions starting from RM28 and up to 4 certificates (maximum RM48,000 coverage). Double benefit (2x) is paid if death occurs during Hajj pilgrimage in the Holy Land.
- Kelab TaHa Youth savings club for TH depositors under 17, offering age-segmented memberships (TaHa Manja, TaHa Cilik, TaHa Bestari, TaHa@U) with financial literacy activities and partner discounts to develop young depositors' saving habits.
- Hibah Amanah Islamic trust arrangement allowing TH depositors to gift savings from their TH account to designated recipients during their lifetime, based on Hibah (gift) and Amanah (trust) concepts for estate planning purposes.
- THiJARI Digital Platform Comprehensive digital platform available as web portal and mobile application enabling TH depositors to open accounts, manage savings, check Hajj queue positions, perform transactions, enroll in Hajj, access e-Bimbingan courses, manage TH Khairat takaful plans, and set up direct debits and JomPAY transfers.
- TH Gerak Mobile Service Mobile service units (TH Komuniti) operating at selected locations providing cash deposits (up to RM3,000), withdrawals (up to RM500), account opening, transfers, Hajj registration, and account updates for depositor convenience in areas without a permanent TH branch.
- Shariah-Compliant Investment Services Shariah-compliant investment management services including strategic asset allocation across fixed income, listed equities, real estate, unlisted equities, sukuk (Islamic bonds), money market instruments, and private equity, with profits distributed annually to depositors based on TH's financial performance (3.50% in 2025).
- Pakej Pengelola Jemaah Haji (PJH) Licensed Hajj operator package offered by TH Travel & Services Sdn. Bhd. (THTS) through approved Bumiputera Muslim travel agencies, providing enhanced Hajj services including special seating, premium comfort, and alternative pilgrimage routes for Malaysian pilgrims seeking upgraded experiences.
- Rayuan Haji Hajj appeal service allowing pilgrims not in the current queue to request early pilgrimage based on merit criteria including mahram relationships, elderly escort requirements, disability accompaniment needs, and savings history.
Quantifiable outcome
- 3.50% annual profit distribution rate achieved in 2025, the best performance in eight years
- +3 more outcomes
Companies that use Tabung Haji
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Tabung Haji technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Tabung Haji partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Sadaqa House Bank IslamcoreTH contributed RM10.3 million to Sadaqa House Bank Islam as part of community empowerment programs. TH and Sadaqa House Bank Islam launched the Program Daya Insani with initial funding of RM1 million to support community development initiatives.
- Bank Islam Malaysia BerhadcoreStrategic partnership where Bank Islam serves as distribution channel for TH transactions including Uniteller counter services, internet banking, mobile banking, ATM transactions, and CDM deposits. Bank Islam is a major Islamic bank in Malaysia supporting TH's mission to serve depositors across the nation.
- Bank RakyatcoreStrategic partnership where Bank Rakyat offers TH transaction services through its cooperative banking network including counter services, internet banking, mobile banking, ATM, and CDM for the convenience of depositors who are also Bank Rakyat members.
- Maybank IslamiccorePartnership with Malaysia's largest Islamic banking arm enabling TH transaction services through extensive Maybank branch and digital banking network across Malaysia, serving millions of Maybank customers who can easily access TH services.
- CIMB IslamiccoreStrategic partnership with CIMB Islamic providing TH transaction services through CIMB's Islamic banking network, extending TH's reach to CIMB's customer base across Malaysia.
- AmBank IslamiccorePartnership with AmBank Islamic enabling TH transaction services through AmBank's Islamic banking channels, providing additional accessibility for depositors to manage their TH accounts.
- Syarikat Takaful Malaysia Keluarga BerhadcoreTakaful Malaysia is the appointed administrator of TH Khairat, a voluntary takaful protection plan offering RM12,000 coverage for death or total permanent disability with annual subscription starting from RM28. TH Khairat is protected by PIDM up to specified limits.
- Hong Leong MSIG Takaful BerhadcoreHong Leong MSIG Takaful serves as an alternative administrator for TH Khairat takaful protection plan, offering depositors choice in takaful provider while maintaining consistent product terms and Shariah compliance.
- Pos Malaysia BerhadminorPos Malaysia offers Pos Online services for TH deposits with a transaction fee of RM0.50 per deposit through TH account debit, providing postal-based savings option for depositors.
- Malaysian Government (Kerajaan Malaysia)coreThe Malaysian Government provides 100% guarantee on TH deposits, contributes RM1,000 Hajj assistance for B40 category pilgrims, and oversees TH through the Prime Minister's Department and Ministry of Finance representatives on the TH Board. The Hajj quota of 31,600 for 2026M/1447H was approved by Saudi Arabian government based on OIC 1988 resolution.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Tabung Haji competitors and assessment
Company assessmentOthers
- Syarikat Takaful Malaysia Keluarga Berhad: Takaful Malaysia administers TH Khairat, the voluntary takaful protection plan offered to TH depositors. Both serve Malaysian Muslims with Shariah-compliant financial protection products, with Takaful Malaysia providing the insurance/takaful infrastructure that complements TH's savings offering.
Broad incumbents
- Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat): Bank Rakyat is a strategic TH distribution partner and Malaysia's largest cooperative bank with Islamic banking products. Both serve Malaysian Muslims including TH depositors through cooperative/Islamic banking channels, with Bank Rakyat offering broader consumer and SME banking versus TH's Hajj-specific focus.
- Bank Islam Malaysia Berhad: Bank Islam is a strategic distribution partner for TH and Malaysia's first Islamic bank, offering competing Shariah-compliant savings and investment products. Both target Malaysian Muslim consumers seeking Shariah-compliant financial services, though Bank Islam offers broader banking while TH focuses exclusively on Hajj savings.
- AmBank Islamic Berhad: AmBank Islamic is a strategic distribution partner of TH and Malaysian Islamic banking arm. Both target Malaysian Muslims seeking Shariah-compliant services, with AmBank Islamic offering broader banking products and TH specializing in Hajj-specific savings and pilgrimage management.
- Bank Muamalat Malaysia Berhad: Bank Muamalat is a full-fledged Malaysian Islamic bank offering competing Shariah-compliant savings, investments, and financing. Both target Muslim consumers seeking Islamic financial solutions, but Muamalat offers broader banking services versus TH's specialized Hajj focus.
- Maybank Islamic Berhad: Maybank Islamic is Malaysia's largest Islamic banking arm and a TH distribution partner, offering competing Islamic savings accounts, investments, and wealth management. Both serve Malaysian Muslim consumers with Shariah-compliant products, but Maybank Islamic operates as a full-service Islamic bank with broader product suite.
- CIMB Islamic Bank Berhad: CIMB Islamic is a strategic partner of TH and one of Malaysia's leading Islamic banks. Both serve Malaysian Muslims with Shariah-compliant savings and investments, though CIMB Islamic provides broader financial services including financing, wealth management, and corporate banking.
Direct peers
- Badan Pengelola Keuangan Haji (BPKH): BPKH is Indonesia's government-mandated Hajj fund management agency, structurally analogous to TH. Both operate as statutory bodies managing pilgrim savings, investing funds in Shariah-compliant instruments, and distributing returns to depositors across large Muslim populations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Tabung Haji social profiles
Digital presenceTabung Haji financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tabung Haji leadership team
Management profileNumber of profiles
Profiles10 records
Tabung Haji subsidiaries and ownership
Company hierarchySubsidiaries1 record
Tabung Haji funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tabung Haji M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tabung Haji
What does Tabung Haji do?
Tabung Haji operates Shariah-compliant savings accounts (Simpanan Haji) on the Wakalah concept, acting as agent (Wakil) for Malaysian Muslim depositors to manage funds for Hajj pilgrimage preparation. The institution invests depositor funds across equities, sukuk, real estate, money markets, and private equity, distributing annual profits (3.50% in 2025) tax-free, and provides comprehensive Hajj management including queue management, on-ground operational support in Saudi Arabia, training courses via e-Bimbingan, and supplementary products such as TH Khairat takaful, Kelab TaHa youth club, and Hibah Amanah estate planning.
Is Tabung Haji a public or private company?
Tabung Haji is a private company. It is classified as state government owned and is currently operating.
When was Tabung Haji founded?
Tabung Haji was founded in 1963. It employs 501 to 1,000 people.
Where is Tabung Haji based?
Tabung Haji is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
How does Tabung Haji make money?
Three revenue lines are on record. Investment Returns and Profit Distribution is the primary driver. The others are hajj Fee Collection and TH Khairat Takaful Subscription.
Who are Tabung Haji's main competitors?
Syarikat Takaful Malaysia Keluarga Berhad is listed as an others. Broad incumbents are Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat), Bank Islam Malaysia Berhad, AmBank Islamic Berhad, Bank Muamalat Malaysia Berhad, Maybank Islamic Berhad and CIMB Islamic Bank Berhad. Badan Pengelola Keuangan Haji (BPKH) is listed as a direct peer.
Does Tabung Haji have an API?
No public API is recorded for Tabung Haji.
What industry is Tabung Haji in?
Tabung Haji's product category is Islamic Savings and Hajj Management Services. Its primary akta.pro industry code is FSABAGAI, Islamic Deposit & Account Products (Current/Savings/Investment Accounts), with a secondary code of FSABAGAD, Islamic Private Banking & Wealth. Its NAICS code is 523991 and its SIC code is 6282.