I agree

I think very hard to find her replacement

Since u alredy at PM n CIMB, no harm trying

yup, next time I could try do that

some correction: AS1M & ASW2020 non-bumiputra allocations are fully subscribed.

the bumi allocations are always available

yea, forgot to tell that

Anytime available for ASW2020 & AS1M (Only BUMI)

I thought ASW2020 for Bumi also fully subscribed
My colleague (bumi) went to ASNB Shah Alam today for top up n was advised 'habis'

That is right, ASD and ASW bumi quota need to relying on luck.
AS1M bumi always available.

Really? I tot Bumi always available for asw2020.

If really "habis", then how lucifah bumi client managed to put few k in asw2020?

Dunno coz m not bumi

asw didik asm asim etc are only temporarily parked..to gain some dividend. most bumi would go for asb. only when they have maxed out their asb would they go for this fund.

as to why lucifah client managed to top up 20k..my guess is there are quite a number of bumi resorted to 200k asb loan. so they have to take out the money tht they already hv in asb say 40k and dump it in those temporary fund. wht they do is on the first day of each month they will withdraw the money and pay for their loan..

here they can gain some devidend rather then paying for the loan in one shot. so this process will free some amount in asw although technically this fund fully subscribed regardless on bumi or nonbumi..

Your explanation seem logical, that's why some managed to add while others failed.

I've heard before people using dividend money to pay loans. I tot once a year, now you said on monthly basis people do it.

Someone told that ASB dividend somehow indirectly "haram", so they use it to pay loan interest which also indirectly "haram".

what i meant was instead of paying for the asb loan in one lumpsum ammount let say 15k a year. they would park the money in asw etc fund..and only take out around 1.2 each month to service the loan. so they will still be entitled to get a prorated dividend on the remaining ammount which will ofcourse entail a lesser devidend over the cause of the year.. the dividend is still calculated on the yearly basis.

some muslim considered asb as haram..not only dividend as it is not shariah compliance. but for some they considered it to be harus as decreed by majlis fatwa kebangsaan.

maybank offers asb finncing i..which is islamic loan. so there is no question of interest etc. unless one starts to question the islamif banking itself.

okay, Now I somehow understand that you're saying

About the "harus" or "haram" thing, I cannot comment much. It's up to individual preference.

About the islamic financing thing, I'm not so sure. It's no interest, but people actually pay more to the bank on monthly basis.

This post has been edited by davinz18: Sep 8 2013, 03:11 PM

Any non bumi ASM products that are still open that can give better than FD rates?

Nope
All fully subscribed now
U can try luck

Fixed price fund currently sold out.

Variable price fund are available if you're interested. (ASN3 & ASG)

ASM is a funds of ASNB.

ok then, any non bumi ASNB's products that are still open that gives better than FD rates?

Yes
ASN3 n ASG is variable pricing
Wud advise to choose Public Mutual for variable pricing products

thanks for your input..appreciate.