Sunday, November 21, 2010

How Malaysia’s Tabung Haji could provide Haj financing a Shariah-compliant model

Today Tabung Haji’s total funds under management are a staggering 23 billion Malaysian ringgit making it the largest non-banking Islamic savings institution in the world. Its members comprise over five million, thus its added value is that of a savings mobilization entity. The fund has experienced the occasional management upheaval and even the odd fraud.More here arabnews.com

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