ICT Zone Ventures - 8% p.a. yield, Highly not recommended to invest
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 May 30 2013, 03:38 PM
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#1
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Newbie
4 posts Joined: May 2013 
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The annual yield for last year 2012 was 8% + 2% profit sharing.
The scheme is monitored by Islamic Banking & Finance Institute Malaysia (IBFIM) where IBFIM is registered and licensed by the Securities Commission (SC) of Malaysia. |
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May 30 2013, 04:19 PM
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#2
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Newbie
4 posts Joined: May 2013
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QUOTE(Selena18 @ May 15 2013, 12:28 AM) So what is the conclusion? Is this legal and safe? It is regulated by SSM under Interest Scheme Act, and it is also audited by Shariah Advisor under SC. Further, investment fund is managed by the Trustee. The subject issuer has existing business to generate sufficient profit to pay for the obliged annual yield of 8% + 2%.  PM me for more details on the scheme, no obligation. |
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May 30 2013, 04:50 PM
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#3
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Newbie
4 posts Joined: May 2013
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QUOTE(benlow @ Feb 4 2013, 10:32 PM) I saw this in a fair, i am interested but I afraid it is another scam like G gold, possible? It is totally a different platform. G. Gold is not regulated by SSM/SC/BNM. |
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May 30 2013, 06:19 PM
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#4
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Newbie
4 posts Joined: May 2013
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QUOTE(neyoyo @ May 30 2013, 05:49 PM) Somebody to prove is the investment is alright? You can check SSM website and you will see ICT in the list of the registered Interest Scheme.Last time Genneva got Dr M also..so what else? |
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