Na’im said this followed the decision by a royal commission of inquiry (RCI) for the board to conduct a comprehensive audit before any dividends are distributed. The RCI was previously established to investigate TH’s management and operational issues from 2014 to 2020.

When asked if there would be good news for depositors in terms of dividends this year, Na’im said he was hopeful that TH would find the right balance in giving a reasonable dividend amount without compromising its financial assistance to haj pilgrims in the B40 and M40 groups.

“If we give high dividends, it will reduce financial aid to B40 and M40 haj pilgrims.,” he said.

Last year, TH announced a profit distribution for the 2022 financial year at a rate of 3.1% after considering zakat at 2.57%. TH distributed a total of RM2.65 billion to over 8.7 million depositors.