Wednesday, April 18, 2012

Tabung Haji Expects To Invest 150-200 Million Pounds On A Commercial Property In UK

Source From (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=658817

Published: 13 April 2012

KUALA LUMPUR, April 13 (Bernama) -- Tabung Haji expects to make at least one investment amounting to 150-200 million pounds (1pound=RM4.8732) worth on a commercial property in the United Kingdom this year.

Its Managing Director and Chief Executive Officer, Datuk Ismee Ismail, said the property had been identified for investment from a study carried out since 2008.

Among the considerations taken in the study included the adherence to syariah principles.

"We had to be careful as we needed to study each of the tenant company occupying the property and ensure their compliance with syariah," he told reporters after signing the Malaysian Corporate Integrity Pledge here Friday, along with his senior management, CEOs of subsidiary companies and 450 members.

-- BERNAMA

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