(Universiti Teknologi MARA,Terengganu)
In this paper we examine and evaluate the deposits mobilization, funds utilization and operating performance of the Tabung Haji Malaysia. The deposits mobilization measures the sources of saving scheme offered while the funds utilization measures the use of mobilize fund of the Tabung Haji. The study also investigates the operating performance of the Tabung Haji measured by Return on Asset (ROA), Return on Equity (ROE), Current Ratio (CR) and Current Asset Ratio (CAR). The study finds that the Tabung Haji has absorbed most of the deposits available to profitability investment and financing strategy between 1990 through 2000. However, after the year 2000, the institutional has not been fully utilizing the available fund. With regards to its operating performance, we observe that the Tabung Haji as an institution which provides services such as pilgrimage, finance and investment to its depositor is operationally and financially sound and credible.
Keywords: Tabung Haji Malaysia, fund utilization, deposit mobilization, operating performance.