Tabung Haji

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.

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

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

• Islamic savings accounts
• Hajj pilgrimage services
• Shariah-compliant investments
• Takaful protection plans
• Pilgrimage management

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices18 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core 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

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Sadaqa House Bank IslamcoreStrategic or Co-development Partner · 1 January 2025TH 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 BerhadcoreChannel Partner/ Reseller/ DistributorStrategic 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 RakyatcoreChannel Partner/ Reseller/ DistributorStrategic 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 IslamiccoreChannel Partner/ Reseller/ DistributorPartnership 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 IslamiccoreChannel Partner/ Reseller/ DistributorStrategic 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 IslamiccoreChannel Partner/ Reseller/ DistributorPartnership 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 BerhadcoreStrategic or Co-development PartnerTakaful 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 BerhadcoreStrategic or Co-development PartnerHong 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 BerhadminorChannel Partner/ Reseller/ DistributorPos 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)coreStrategic or Co-development PartnerThe 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

Others

• 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

• Xx.com/Tabung_Haji
• Facebookfacebook.com/TabungHaji
• LinkedInlinkedin.com/company/lembaga-tabung-haji

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tabung Haji