Tabung Haji expects good returns from new London property

The purchase of a six-storey building by Lembaga Tabung Haji (TH) in London that was finalised on July 12 is expected to provide good returns, protect the interests of, and provide added value to depositors.

TH group managing director and chief executive officer Amrin Awaluddin said the purchase was TH’s sixth investment in the United Kingdom (UK) and is expected to provide stable returns of an estimated 5 percent every year.

“TH, through its subsidiary, will also...