Infrastructure: New Focus of Tabung Haji in Malaysia, The Only Islamic Investment Company and Pilgrims Fund

PHA3M -- Tabung Haji, in a move to secure recurring and sustainable returns, plans to invest in infrastructure and concession businesses locally and overseas.

Its group managing director and chief executive officer (CEO) Datuk Johan Abdullah said given the expected large initial investment, Tabung Haji hoped to collaborate with other government-linked investment companies (GLICs) in these ventures.

The new focus is one of the changes Johan is undertaking since taking over the helm of Tabung Haji on July 1. Tabung Haji, the only Islamic investment company and pilgrims fund of its kind in the world, currently has a fund size of RM64.7 billion.  (souce)

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