Tabung Haji targets 50,000 registrations
KUALA LUMPUR: Tabung Haji launched its latest product, Hibah Amanah (trust gift), yesterday and is targeting 50,000 depositors to sign up in the first year.
Minister in the Prime Minister’s Department Datuk Seri Jamil Khir Baharom said in a statement Tabung Haji’s effort to develop the product, particularly for its nine million depositors, would help reduce the issue of unclaimed deposits.
Hibah Amanah is a contract whereby the depositor voluntarily “gifts” his savings to the beneficiary during his lifetime.
The beneficiary will be able to claim the savings upon the depositor’s death.
The depositor will also be able to enjoy the full benefit from his savings and conduct transactions during his lifetime.
Hibah Amanah allows a Muslim convert to gift his savings to his non-Muslim beneficiaries, too.
Those wishing to register for the product may do so at any Tabung Haji branch. Bernama
Minister in the Prime Minister’s Department Datuk Seri Jamil Khir Baharom (second from right) at the launching of Hibah Amanah in Kuala Lumpur yesterday. With him are Deputy Minister in the Prime Minister’s Department Dr Asyraf Wajdi Dusuki (right), Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim (second from left) and group managing director and chief executive officer Datuk Seri Johan Abdullah.