Lembaga Tabung Haji (TH) has assured depositors their savings are safe and guaranteed by the government.
In its statement on Thursday, a TH spokesman said their focus had always been to ensure the best achievement in haj management, as well as conducting business and investment according to Islamic principles for the sake of its depositors.
The statement also said TH had managed its investments in accordance with the Strategic Asset Allocation Policy, and allegations that depositors would risk losing their money were untrue and defamatory in nature.
"We're disappointed over these ongoing attacks by certain quarters who have always painted a negative picture about this organisation.
"We believe these attacks are politically motivated," said the spokesman, adding that the haj subsidy would increase to about RM200 million this year.
-- BERNAMA
In its statement on Thursday, a TH spokesman said their focus had always been to ensure the best achievement in haj management, as well as conducting business and investment according to Islamic principles for the sake of its depositors.
The statement also said TH had managed its investments in accordance with the Strategic Asset Allocation Policy, and allegations that depositors would risk losing their money were untrue and defamatory in nature.
"We're disappointed over these ongoing attacks by certain quarters who have always painted a negative picture about this organisation.
"We believe these attacks are politically motivated," said the spokesman, adding that the haj subsidy would increase to about RM200 million this year.
-- BERNAMA
