Today’s News Straits Times publishes the government bonds of 3 years maturity for Sukuk 1Malaysia 2010. The profits are 5% per annum, much better than putting into Fixed Deposits. Any Malaysian citizens aged 21 years and above is eligible to apply. It is based on Syariah Principals with the minimum subscription of RM1,000 to RM50,000. Issuance date is 21 June 2010 but the subscription period is from 20th May to 9th June. I am contemplating of buying this bond for higher returns compared to keeping my money in FD. So far, I have received quarterly returns from my previous bonds and they are quite safe to invest. What about you? Are you going to invest?
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May 24th, 2010
Diana
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