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 Maybank2u eFixed Deposit

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joenjill
post Oct 6 2008, 04:06 PM

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David83, so the e-FD rates are also same with the Fixed Deposit rates which located at M2U website? (i.e. 12 month = 3.70)
joenjill
post Oct 6 2008, 08:06 PM

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QUOTE(David83 @ Oct 6 2008, 05:58 PM)
Yes. The rate is as published in M2U website.
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another ques for me, what is the diff between the FD Flexi & GIA Mudharabah? I saw the graph between these two types of eFD, but i dun understand on it. Because both types also offer same term? Can you tell me what is the diff?
joenjill
post Oct 7 2008, 10:36 AM

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QUOTE(WaCKy-Angel @ Oct 7 2008, 02:20 AM)
What is this "profit sharing ratio"??

I thought the difference is the bank will use the customer's money to invest in stocks/shares that is somewhat not very risky, since Islamic rules doesnt allow "gambling"...
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i also wish to know, because based on the wiki explain on term 'Mudharabah' is what David83 say, the profit will shared equally to shareholders. So what it means? not follow on interest rate? maybe the invest will loss?

 

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