KUALA LUMPUR: Lembaga Tabung Haji (TH) has strengthened its investment governance process through several levels of review to ensure investment decisions take into account risk and Shariah considerations.
Minister in the Prime Minister's Department (Religious Affairs) Dr Zulkifli Hasan said the measures were important to ensure TH's financial sustainability and protect depositors' savings.
"The governance process begins with the Investment Executive Council before going through the risk and Shariah divisions, followed by the Portfolio Review Committee and, subsequently, the Investment Panel for a decision.
"This ensures that every investment we make is supported by stronger governance, making the process more systematic," he told the Dewan Rakyat today.
