Tabung Haji Act amendments near completion ahead of parliament

The legislative overhaul of Tabung Haji's governing framework has advanced significantly, with officials confirming that the amendment process for Act 535 has reached its final stages. The Tabung Haji chief executive indicated that the revisions are now at the 90 percent mark in terms of inter-agency coordination and review processes.

The amendments represent an important step in updating the regulatory structure governing the Islamic pilgrimage savings scheme, which manages funds for Malaysian Muslims intending to perform the hajj. The Act, which was originally enacted in 1995, has required modernisation to address contemporary operational and governance challenges.

Once the inter-agency consultation phase is concluded, the revised legislation is scheduled for tabling before parliament. Officials have not yet specified an exact timeline for parliamentary proceedings, though the advanced stage of preparatory work suggests submission is imminent.

The amendments are expected to strengthen Tabung Haji's operational framework and enhance protections for its contributors. The fund has faced scrutiny in recent years over financial management and governance matters, making the legislative updates a priority for regulators and policymakers.