Tabung Haji has ‘no business making high-risk investments’ | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Tabung Haji has ‘no business making high-risk investments’

After years of mismanagement by the former Barisan Nasional administration, Tabung Haji should not be allowed to invest in high-risk instruments or play the stock market as this imperils depositors’ monies, experts say. – The Malaysian Insight pic by Kamal Ariffin, April 4, 2019.

THE Pilgrims’ Fund Board, or Lembaga Tabung Haji , has no business going into high-risk investments and should return to its original aim – to help poor Muslims save up enough to perform the haj in Mecca, said analysts. Part of that aim involves allowing TH to invest so that returns can be used to finance part of the cost of performing the haj.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines