Friday, 17 July 2020

Tabung Haji's assets exposed to investment risk | The Edge Markets

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Tabung Haji's assets exposed to investment risk | The Edge Markets


KUALA LUMPUR (July 16): Tabung Haji (TH) invests in various asset classes, with the main ones being fixed income (sukuk), equities, real estate and money market instruments, and all of them are subjected to investment risk.

Prime Minister Tan Sri Muhyiddin Yassin said this in his written Parliamentary reply to Kapar MP Datuk Abdullah Sani Abdul Hamid's (PH) question on which of TH’s investments were now considered to be liabilities.

“Among the investment risks are fundamental changes in a company’s business and the fluctuations in both the local and overseas markets.

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