Tabung Haji Dividend Calculator — Project Your TH Hibah Growth
Estimate how your Tabung Haji (TH) balance will grow over time, using a constant monthly deposit and the projected annual hibah rate.
Set to 0 if you no longer deposit. Standing instructions are common.
Recent rates: 2024 = 3.00%, 2023 = 3.10%, 2022 = 2.50%.
- Total contributed
- RM 53,000.00
- Starting balance + all monthly deposits.
- Hibah earned
- RM 20,519.45
- Cumulative hibah credited over the period.
- Monthly deposit
- RM 200.00
- Annual deposits
- RM 2,400.00
- Effective return multiple
- 1.39x
- Final balance ÷ total contributed.
- · TH hibah is paid on the lowest monthly balance of the year — deposits made this year earn hibah only from next year onward.
- · Hibah rates are declared annually and not guaranteed; this projection assumes a constant rate.
About this calculator
Lembaga Tabung Haji (TH) is Malaysia's shariah-compliant Hajj savings and investment fund. Members save towards the costs of performing Hajj while their balance earns an annual hibah (gift) declared by the board each year. Recent declared rates: 2024 = 3.00%, 2023 = 3.10%, 2022 = 2.50%, 2021 = 3.10%, 2020 = 3.10%, 2019 = 3.05%. A critical detail many savers miss is how hibah is computed: TH pays hibah on the LOWEST monthly balance held during the year — not the average and not the year-end balance. New deposits made during the year only start earning hibah from the following year. This calculator models that behaviour exactly: each year's hibah is applied to the opening balance, then the year's 12 monthly contributions are added on top. Over a long horizon the compound effect is meaningful, even at TH's relatively modest rates. TH is a popular alternative to fixed deposits for Muslim Malaysians because it is shariah-compliant, guaranteed by the government, and ties savings to the Hajj goal — your balance can be used to register for Hajj and to pay Hajj-related fees.
Formula
Each year: hibah = opening_balance × rate ; closing = opening_balance + 12 × monthly_deposit + hibah
Example calculation
Example: RM5,000 balance, RM200/month for 20 years at 3% hibah
You start with RM5,000 and add RM200 every month. Year 1 hibah is RM150 (3% of RM5,000), and contributions add another RM2,400, ending at RM7,550. Year 2 hibah is RM226.50 on RM7,550 opening, and so on. After 20 years the balance is around RM73,500 — about RM53,000 from your deposits and RM20,500 from cumulative hibah.