QUOTE(Ramjade @ Oct 21 2015, 11:18 AM)
McFD2R Geez. Don't be so negative about Islamic product. Did you know that maybank Islamic efd 1 month beats all normal efd by margin of 0.1%? Conventional efd is 3.15% while the Islamic efd is 3.25%.Islamic product is not always bad. Is just different name for same concept.
You are forgetting that the other act said conventional epf still can give minimum of 2.5% same with the new act which said Islamic epf also give minimum 2.5%
i am not just merely looking of the % return offered by islamic vs conventional (be it fd or epf).
issue is the economy effect/power of our future generation.
enlighten me, WHERE this funds in I-fd/epf by the banks/gov goes to or invested into????? all into I ventures, business, products, etc etc>>>> who stand to gain???? simple maths here:respect:

don't be fool as if you are getting some "gula-gula" now (higher I-fd/epf %), but in long run, WHOSE business/venture stand to gain at the end, most sad part, using WHOSE monie/modal??

in short, you know WHY ?, dulu dulu all ah-peksss insist must only put fd/ land/rubber estate geran if need to be charged, only to PBB????
This post has been edited by vincentwmh: Oct 21 2015, 01:24 PM