mate, AHB is property business based on rental & sale. But, AHB not selling pork. No matter what business is tenant are doing as long as not doing like "Casino" business or so called "Judi". Selling pork is a business for Non-Muslim & need rental a space for sake of their biz.

This AHB is mainly for the higher income Malays e.g our politicians and tycoons. U know why i say this? Just look at ASB. How many average Malays have maxed out their accounts? Most of them dont even use ASB much. Only a small majority don't save in ASB because of the Shariah issue. The main reason for the others is because saving money is not in their nature. So if they havent even utilised the ASB with higher returns, whats the point of AHB??? In reality its merely for the richer Malays to invest more and make more money. In the end, the average Malays are still left out and the income gap widens. Truly 1 Malaysia!

Casino business is also a business for non-muslim and they also need rental space, i don't really see what is the different.

There are quite a number of middle class, educated Malay that take ASB Loans to max up the 200K. I agree with u only small amount of Bumiputera are benefitted, from the annual report of ASB,
a) those have RM50K to RM500K balance in the ASB account = 345,050 investors
b) those have RM500K and above in ASB = 7,324 investors

ASB scheme started 20 years ago, and still not attract enough bumiputera to invest in this scheme....

Do u know how many in the 200K above bracket??

Hmmm..so lastly will this AHB still worth to invest if compared with the other fund like ASW2020 / ASM / AS1M except ASB.?

I dont think so as there is no minimum guaranteed dividend.

nevertheless 1st year dividend shd be good to attract more investors. The fund is REITS, in malaysia those REiTS that listed in KLSE give 7-10% p.a. So guess this AHB that same nature will pay in this range if not more.

There is no minimum guaranteed dividend for any of the ASNB funds either.

hope dividend is higher than 8% ....
The best thing for Moslem, they going to pay zakat for you ..
same like saving your money in Tabing Haji ... That would be good ...

lol u mentioned some people dont save money because it is their nature yet u're blaming rich people because they're investing? i think u should blame people who can't save for their own sake not people trying to find a save place to park their money, aiya

Do u have a weakness in understanding? Im talking about the SAME issue. Only a handful of Malays save in ASB. I dont care about the rich and im not blaming anybody. Im refering to the middle income and lower income groups who are not saving enough choosing instead to spend more.

I dont think the dividends will be better than ASB. Even if it would be better, it would only benefit a small group of Malays anyway.

1malaysia investment ?

My wife is one of the people who thinks the same as the bolded part.

I have been forever persuading her to invest her money in ASB or other dividen paying fund instead of plainly keeping it in her sole bank account.

She only got her Tabung Haji account after we got married!

SO far I managed to persuade her to buy some Sukuk (yeah, 5%) after persuading her that it's Syariah compliant.

Now that there's this AHB, I might be able to successfully persuade her to invest some more money into this fund.

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Added on December 9, 2010, 11:33 amHmmm.

From my understanding there's no actual fatwa or ruling against Muslims selling pork. They just can't touch or consume pork.

SAme goes to keeping dogs. As long as it's not a pet, keeping dogs for security are allowed.

I am no muslim scholar, anyone can correct this?

But for beer or any other arak, yeah, there's a clear hukum on that. You cannot deal with arak in any way (touching, selling consuming the works).


This post has been edited by Faidzal: Dec 9 2010, 11:33 AM

Your wife is a clear example of muslims' perception regarding ASB fund. AHB might be a good choice of fund for both of you then

LOL, tomorrow we are going to Maybank to do it for her....

(I am limiting myself to ASB, ASW and TH).

Is this a fixed price fund à la ASB ?

Yes, RM1 per unit.

I find this idealogy weird. If a Muslim can claim that ASB is not Shariah compliant, then why is she accepting the dividends from EPF then? Is EPF Shariah compliant? Many of these Muslims claim they wont invest in ASB cuz of the Shariah issue, but find it ok to invest in Gold Savings Accounts?