So No Hibah, No Genneva............not sah

Awaiting news of raids and arrests

Along also illegal... but no raids and arrest.

Gomen too bz with PRU?

When Dato' Datin burnt their hands...gomen will act

Ah Soh Ah Pek kena burnt...nothing happens...until they go find Michael Chong

Has been raids before by BNM, BNM oledi "BAN" all their Director from collecting money from people a couples of month ago... But heard before one director got jailed for 24 years & 3 others "sudah cabut" to Hong Kong, this director not sure from with or without Malaysia...

This post has been edited by Oldskolboyz: Jul 12 2012, 09:51 AM

Islamic transactions are not just about Halal-ness of the 'hibah'.. the main important thing is certainty.

Esp regarding sustainability.. Would they still pay 2% monthly if price of gold dips ..say...at $1000 level or so?

If no, then it's not certain. Thats why islamic loans..they shock you with total loan payment (sometimes 2-3x than price of your house) because that's the amount you'll be paying in total..

Actually the amount more or less same with conventional loan but they dont calculate upfront... ikut BLR minus, maa..

They open a new company...now operating under different company name

The current one mostly Malay Director which has been ban by BNM cause accidentally I meet them middle last month...

geneva s/b has been banned... lets see how geneva msia s/b fairs this time...

I think post #178 is already about Genneva Malaysia S/B, not the old / parent Genneva

u believe? there r 1001 ways in doing bisnez...

huh?
There's nothing "to believe" or not.

Bro, U comprehend English and what U were posting earlier?
"geneva s/b has been banned... lets see how geneva msia s/b fairs this time..."
I'm just sharing that there is a posting already ABOUT kaka hitting Genneva Malaysia S/B, not GENNEVA S/B only.

Please do enlighten me on what you were TRYING to share earlier and now, your response.
Perhaps coffee would help easier understanding / comprehension of English

i mean basically its the same group of people who run a different name company (not that different actually)... soli my english till form5 only... paiseh...

Am wondering how the supporters will argue next...

They should not argue anymore. Fast fast go get hold of the physical gold before it is too late !

Betul betul.... High price gold is better than no gold at all.

But i thought they have to return the gold back after 3 months? Can they not return?

I think they can keep. If they keep, no 2% interest

they refer it as hibah...

Just finding this Genneva company didn't submit their 2010 audited account to SSM. If company okay WHY this happen ?

erm... deficit numbers too great perhaps...