KUALA LUMPUR, The government has renewed Tan Sri Abdul Rashid Hussain’s appointment as chairman and board member of Lembaga Tabung Haji (TH) for another two years, effective Dec 20, 2025.
In a statement on Monday, TH said the reappointment reflects the government’s continued trust in Abdul Rashid’s leadership, under which the institution has introduced key strategic and governance reforms.
Since assuming the role on Dec 20, 2023, Abdul Rashid has driven initiatives aimed at strengthening TH’s financial performance and improving returns for depositors.
“This is reflected in TH’s strong profit performance and its ability to maintain competitive and sustainable dividend payouts,” the statement said. For the financial year 2024, TH reported a profit of RM2.92 billion, with total assets under management rising to approximately RM95.06 billion.
The institution also earned international recognition when it received the Labaytum Diamond Award from Saudi Arabia’s Ministry of Hajj and Umrah during the 1446H/2025M Hajj season — the highest honour for Hajj management agencies.
Abdul Rashid, in expressing gratitude for his reappointment, thanked Minister in the Prime Minister’s Department (Religious Affairs) Datuk Dr Mohd Na’im Mokhtar for the confidence placed in him.
“I am truly honoured to continue leading TH and working alongside our dedicated team to strengthen the organisation’s sustainability and resilience through continuous innovation and improvement. Our mission remains focused on safeguarding depositors’ funds and facilitating the Hajj pilgrimage,” he said.
He added that TH aims to solidify its standing as a leading Islamic savings institution, in line with Prime Minister Datuk Seri Anwar Ibrahim’s call for enhanced governance and management to better serve depositors.
Abdul Rashid was first appointed as TH chairman on Dec 20, 2023, for a two-year term. His new term will run from Dec 20, 2025, until Dec 19, 2027.
