Managing Savings
Lembaga Tabung Haji (TH) is a fully government-owned Islamic financial institution in Malaysia, established in 1963. It was set up to help Muslims in Malaysia save in a Shariah-compliant manner for the purpose of performing the Hajj pilgrimage to the Holy Land of Makkah. Tabung Haji plays a vital role as the manager of savings, investments, and Hajj operations for Malaysians. Advantages of Saving with Tabung Haji 100% Shariah-compliant No service charges or interest Competitive annual dividends (depending on investment performance) Automatic Takaful protection for eligible savings Automatic Hajj registration once the minimum savings of RM1,300 is reached Collaboration with strategic partner banks such as Bank Islam, Bank Rakyat, and Maybank
One of the pillars of Islam for Muslims in Malaysia is the obligation to perform Hajj. To educate and encourage early financial planning for this purpose, a Tabung Haji (TH) Savings Account can be opened by parents or guardians for their children from a young age. Key Features Can be opened as early as 1 day old Minimum initial savings as low as RM2 Account can be opened online if the parent already has a Tabung Haji account The child’s Hajj registration can be made once the account reaches a minimum balance of RM1,300
THiJARI is the official online service portal of Lembaga Tabung Haji (TH) that enables depositors to access various Tabung Haji services easily, securely, and quickly without needing to visit a branch. Services Offered by THiJARI: TH Account Balance Check View current balance and Tabung Haji savings account statements Fund Transfer Transfer money between your own TH accounts or to other TH account holders Hajj Registration and Status Check Check your Hajj queue status and register for Hajj online Hibah (Dividend) Declaration Check View annual hibah received from your savings
SSPN (Skim Simpanan Pendidikan Nasional) is an education savings plan introduced by the National Higher Education Fund Corporation (PTPTN) to help Malaysians save consistently to finance their children’s higher education costs.It has been a mandatory requirement for PTPTN loan applicants since 2012. Get to Know SSPN Shariah-compliant Can be opened by parents or legal guardians for children aged 1 day old up to under 29 years Eligible for income tax relief Earns annual dividends Takaful protection (specifically for SSPN-i Plus)
The SSPN Prime is the official education savings scheme under the National Higher Education Fund Corporation (PTPTN). It was created as an education savings platform for parents/guardians to prepare higher education funds for their children. Key Features of SSPN Prime: Minimum commitment as low as RM20 per month Free Takaful protection for depositors with savings of RM1,000 and above Income tax relief of up to RM8,000
EPF i-Suri is a voluntary contribution program with incentives from the Government specifically for women registered with eKasih (listed in the National Poverty Data Bank). Special incentive: 50% additional for every RM1 contribution up to a maximum of RM300 Example: a yearly contribution of RM500 qualifies for an additional special incentive of RM250 There is no minimum contribution for i-Suri voluntary contributions. i-Suri eligibility requirements EPF members Malaysian citizens Being under 55 years old Registered with eKasih as of 30 November of the previous year
EPF i-Sayang is a voluntary transfer program of husband's EPF Account contributions to wife's account amounting to 2% of the employee's share contribution. Eligibility requirements: Husband (contributor): Malaysian citizen or non-citizen Active EPF member Aged below 75 years Valid marital status Wife (recipient): Malaysian citizen EPF member Aged below 75 years Valid marital status with the contributor
