Tabung Haji, the Malaysian pilgrimage fund, faces financial strain due to pressure to maintain high hibah payouts, according to a royal commission inquiry. The findings reveal that the need to sustain generous hibah payments has placed significant pressure on the fund’s finances, leading to riskier investment choices. The inquiry, led by the Royal Commission of Inquiry, highlighted how this financial pressure has contributed to the fund’s deteriorating financial position. The report underscores the challenges faced by Tabung Haji in balancing its obligations to pilgrims with the need for sustainable financial management. The commission’s findings come amid growing concerns about the long-term viability of the fund. The report was released by the Royal Commission of Inquiry into Tabung Haji (nst.com.my).

Royal Commission Finds Pressure on Tabung Haji's Financial Stability
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