Group managing director and chief executive officer Datuk Nik Mohd Hasyudeen Yusoff said more than half of TH’s assets had been invested in investments that provided more fixed income last year.He said the move managed to reduce the impact on the haj pilgrimage fund board in the current financial market.
KUALA LUMPUR: Despite the flagging world economy and an ongoing trade war, the investment restructuring strategy adopted by Lembaga Tabung Haji (TH) since last year has saved the institution from being badly impacted.
Group managing director and chief executive officer Datuk Nik Mohd Hasyudeen Yusoff said more than half of TH’s assets had been invested in investments that provided more fixed income last year.He said the move managed to reduce the impact on the haj pilgrimage fund board in the current financial market.
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