Founding Members
The founding members provided funding for MSWG’s start-up and establishment as a permanent organisation with high profile activities.
Currently, MSWG is substantially funded by the Capital Market Development Fund, a national trust fund as well as through its own efforts. The following are the four founding members of MSWG since year 2000:
Armed Forces Fund Board
The Armed Forces Fund Board or Lembaga Tabung Angkatan Tentera (LTAT) was established in August 1972 by an Act of Parliament. LTAT has two main objectives. The first main objective is to provide retirement and other benefits to members of the other ranks in the Armed Forces (compulsory contributors) and to enable officers and mobilised members of the volunteer forces in the service to participate in a savings scheme. The second main objective is to promote socio-economic development and to provide welfare and other benefits for the retiring and retired personnel of the Armed Forces of Malaysia.
For more information please visit www.ltat.org.my
National Equity Corporation
The National Equity Corporation or Permodalan Nasional Berhad (PNB) was incorporated on March 17, 1978. PNB was conceived as a pivotal instrument of the Government’s New Economic Policy to promote share ownership in the corporate sector among the Bumiputera, and develop opportunities for suitable Bumiputera professionals to participate in the creation and management of wealth. The PNB Group is the country’s leading investment institution with a diversified portfolio of interests that include unit trusts, institution property trust, property management and asset management.
For more information please visit www.pnb.com.my
Social Security Organisation
The Social Security Organisation (SOCSO) was established in 1971 under the Human Resources Ministry to ensure and guarantee the timely and adequate provision of benefits in a socially just manner and to promote occupational health and safety.
For more information please visit www.perkeso.gov.my
Pilgrimage Board
The Pilgrims Fund Corporation was established in November 1962 and commenced operation on September 30, 1963. The corporation later merged with Penang-based Pilgrimage Affairs Management Office in 1969 resulting in the formation of the Pilgrimage Management and Fund Board or better known as Tabung Haji. The objectives of this new entity are (i) to enable Muslims to save gradually to support their expenditure during pilgrimage and for other beneficial purposes; (ii) to enable Muslims to have active and effective participations in investment activities permissible in Islam through their savings; and (iii) to protect, safeguard interests and ensures welfare of pilgrims during pilgrimage by providing various facilities and services. The name Pilgrimage Management and Fund Board has been changed to Pilgrimage Board (better known as Lembaga Tabung Haji) effective from August 28, 1997.
For more information please visit www.tabunghaji.gov.my
Currently, MSWG is substantially funded by the Capital Market Development Fund, a national trust fund as well as through its own efforts. The following are the four founding members of MSWG since year 2000:
- Armed Forces Fund Board (Lembaga Tabung Angkatan Tentera)
- National Equity Corporation (Permodalan Nasional Berhad)
- Social Security Organisation (Pertubuhan Keselamatan Sosial)
- Pilgrimage Board (Lembaga Tabung Haji)
Armed Forces Fund Board
The Armed Forces Fund Board or Lembaga Tabung Angkatan Tentera (LTAT) was established in August 1972 by an Act of Parliament. LTAT has two main objectives. The first main objective is to provide retirement and other benefits to members of the other ranks in the Armed Forces (compulsory contributors) and to enable officers and mobilised members of the volunteer forces in the service to participate in a savings scheme. The second main objective is to promote socio-economic development and to provide welfare and other benefits for the retiring and retired personnel of the Armed Forces of Malaysia.
For more information please visit www.ltat.org.my
National Equity Corporation
The National Equity Corporation or Permodalan Nasional Berhad (PNB) was incorporated on March 17, 1978. PNB was conceived as a pivotal instrument of the Government’s New Economic Policy to promote share ownership in the corporate sector among the Bumiputera, and develop opportunities for suitable Bumiputera professionals to participate in the creation and management of wealth. The PNB Group is the country’s leading investment institution with a diversified portfolio of interests that include unit trusts, institution property trust, property management and asset management.
For more information please visit www.pnb.com.my
Social Security Organisation
The Social Security Organisation (SOCSO) was established in 1971 under the Human Resources Ministry to ensure and guarantee the timely and adequate provision of benefits in a socially just manner and to promote occupational health and safety.
For more information please visit www.perkeso.gov.my
Pilgrimage Board
The Pilgrims Fund Corporation was established in November 1962 and commenced operation on September 30, 1963. The corporation later merged with Penang-based Pilgrimage Affairs Management Office in 1969 resulting in the formation of the Pilgrimage Management and Fund Board or better known as Tabung Haji. The objectives of this new entity are (i) to enable Muslims to save gradually to support their expenditure during pilgrimage and for other beneficial purposes; (ii) to enable Muslims to have active and effective participations in investment activities permissible in Islam through their savings; and (iii) to protect, safeguard interests and ensures welfare of pilgrims during pilgrimage by providing various facilities and services. The name Pilgrimage Management and Fund Board has been changed to Pilgrimage Board (better known as Lembaga Tabung Haji) effective from August 28, 1997.
For more information please visit www.tabunghaji.gov.my
