Just a matter of interest. How does KFH paper gold differ from others as Syariah compliant?

yea same here but i tot 131.55 was something like early this yr or so?
cuz i got it around 135+ in feb 2011

Just a matter of interest. How does KFH paper gold differ from others as Syariah compliant?

Just a matter of interest. How does KFH paper gold differ from others as Syariah compliant?

Bank can provide paper gold and be shariah compliant provided that it is actually been back by physical gold.

Which mean, you buy paper, at the same time Bank must have/own the same amount of physical gold.

For KFH, there are actually keeping your gold and give some sort of certificate of ownership and you can take the physical at ANYTIME.

Kalau sebelum ini, mereka yang mengambil berat akan hukum Shariah, berada di dalam dilemma kerana hanya mempunyai pilihan akaun emas yang di punyai oleh Public Bank dan Maybank, yang mana kedua-duanya di bawah pengurusan konvensional tanpa kelulusan mana-mana majlis Shariah. Selain dari kedua-dua itu, hampir semua akaun dan pelaburan emas yang lain hanya dilaksanakan oleh syarikat persendirian yang sebahagiannya tidak dapat dipastikan tahap keselamatan dan kesahihan syarikat terbabit.

Saya telah menulis berkenaan akaun emas Public Bank & Maybank di sini .

Namun kali ini, saya kira, perbankan Islam di Malaysia melalui Kuwait Finance House telah dengan jayanya mengubat kekosongan tersebut. Melalui akaun terbabit, pelanggan boleh membeli emas fizikal, dan boleh menyimpan atau terus mengambil sendiri fizikal emas.

hidden charges? just that opening account requires 20GM, higher than PBB / MBB.

also, the product is still new for UOB msia , not 1yr yet if not mistaken.

Of course you need to do your own research. I didnt mean dont analise. Just look at some of the comments here. These are not ppl who are analysing. These are doubters. These are ppl who are waiting for all the indicators to look perfectly good before moving into it. Yes i too analysed but i surely didnt spend a few years doing that. Sometimes we wait too long for the perfect chance and when it comes, we end up waiting for something even better.

Many of those who said that buying at 131.55 at that point in time was a mistake are also those who are saying that 172.34 today is also too high. Believe me, they will also say the same thing when the price hits RM 180 and above. In the end, they just wont buy but they will continue 'analysing' repeatedly.

Ppl must realise that gold investment is highly volotile. There is no such thing as a perfect time. You may get a better time than others but there's a certain element of luck involved. When i bought mine in May last year, the following week it dropped to below RM 130 so yes that was a better time but the only thing that means is less income compared to those who bought at the later price. But what 'irritates' me are ppl who continue to doubt and dont bother investing and then as the price goes up they keep saying its too high. 

PBB also 20 g... same starting, just UOB not let you withdrawn in form of physical gold (its up to thier decision)

UOB GIA from year 2010 if i not forget.

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Added on August 10, 2011, 6:13 pm

agree, i keeep looking at rm 130 i think its high and i told myself i should wait,

wait until now i opened at public bank GIA this monday at 170. its not worth waiting at all

I do got price at 148 and 152 for GIA Maybank. When i want to increase my savings last week.. the price already shoot up to RM172.

p/s : I have already grab the opportunities, how about you... don't just ask...ask...ask... But no action???

Anybody knows where can I let go my KGT (Kelantan) Dinar coin? I have one single 5 dinar Kelantan coin to let go. Trying to sell well RM150 cheaper than current market price.

are you serious abt letting them go RM150 cheaper, i can help you find buyer. you deal direct with seller. that's the best i can help. PM me.

Of course you need to do your own research. I didnt mean dont analise. Just look at some of the comments here. These are not ppl who are analysing. These are doubters. These are ppl who are waiting for all the indicators to look perfectly good before moving into it. Yes i too analysed but i surely didnt spend a few years doing that. Sometimes we wait too long for the perfect chance and when it comes, we end up waiting for something even better.

Many of those who said that buying at 131.55 at that point in time was a mistake are also those who are saying that 172.34 today is also too high. Believe me, they will also say the same thing when the price hits RM 180 and above. In the end, they just wont buy but they will continue 'analysing' repeatedly.

Ppl must realise that gold investment is highly volotile. There is no such thing as a perfect time. You may get a better time than others but there's a certain element of luck involved. When i bought mine in May last year, the following week it dropped to below RM 130 so yes that was a better time but the only thing that means is less income compared to those who bought at the later price. But what 'irritates' me are ppl who continue to doubt and dont bother investing and then as the price goes up they keep saying its too high. 

Hey there, if I buy a few 1g gold bar on ebay overseas, will I get taxed?

These are the ppl who dont analyse! 

i know what you meant. people have been telling it was Expensive at $450, $550, $800 and $1,000.
And yes they are the ones who have never bought.
Its always good to average in if you are planning a BIG purchase.
In 2002, i shifted 50% of my investible income into gold.
By 2003, it was 70%.

These are only attracted because its the flavour of the season..... they have no depth in investing.
There are lots of those in the stock market discussion thread. 

agree, i keeep looking at rm 130 i think its high and i told myself i should wait,

wait until now i opened at public bank GIA this monday at 170. its not worth waiting at all