Sukuk Prihatin - Malaysia's first Digital Islamic Bond

With RMCO still lingering around, you may not be going out so often. Less spending leads to more spare cash on hand. Right? And, don't know how to utilize the spare cash?

And, you know that the bank fixed deposit rate is at an all-time low currently (which could possibly get lower) and searching for an alternative which is safe & short-term?

Of course, the interest rate must be reasonable lah...

Look over here...

* Tax-free return
* Tax-deductible if you choose to donate the principal amount

FAQs:

What is the purpose of this Sukuk?

How to claim your RM50 ePENJANA e-wallet credit? Starting 31st July 2020...

Under the Economic Recovery Plan (ERP), one of the most eye-catching initiatives was ePENJANA which aims to spur the spending of users in Malaysia, in order to rejuvenate back the economic activities.

A total of RM750mil will be allocated by the government under this initiative. And, three e-wallet providers which are exactly the same with the previous similar round called eTunai, and they are

Loan Moratorium EXTENSION. How flexible is that? How & when to apply?

Ahead of the blanket moratorium ending on 30 September 2020, our PM today announced that a more targeted approach to assist individual and SME borrowers, which is in line with the easing of movement controls since early May.

It is recognised that income and cashflow challenges remain for some, especially those who have lost their jobs or experienced a reduction in incomes.

Because of that, a targeted approach was introduced to ensure that the financial resources and attention are prioritised where it is needed the most.

The 4 Kings of Rubber Glove Industry !!!

Just when the world has been hit by one of the deadliest pandemics in history, it’s been a good year for glove companies and their founders.

Well, Malaysia, the world's largest rubber glove producer with a market share of about 65% of the world’s supply, therefore producing at least 4 billionaires whose fortunes were made in the industry.

Understand the 'Kings' here:

What is Bursa Malaysia's PN17 status???

Under the rules set out by Bursa Malaysia, there are clear, comprehensive and accessible rules which govern, among others, the listing of issuers and products on local equity markets, and the obligations of the issuers post-listing, the trading, clearing and settlement of our products, the admission and post-admission obligations of market participants.

And, one of the popular yet not-so-glorify words is PN17 - which stands for Practice Note 17. There are a total of 32 Practice Notes (although some of them already removed) as listed on the website.

What does PN17 mean?