Save for Haj with e-THiJARI


Featured image via e-THiJARI For Muslims, a pilgrimage to Mecca is a rite of passage and a responsibility for those who can afford it. The pilgrimage, or ‘menunaikan haji’ in Malay, refers to the act of visiting an important and revered place (Mecca). Image via Universitas Abulyatama What is the Role of Tabung Haji? Tabung Haji, or the Pilgrims Fund ...

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The Price of Citizenship


Once a citizen, always a citizen – or is it? The Malaysian diaspora is a well-lamented problem. Talent Corporation Malaysia Berhad (TalentCorp) tried to curb some of this brain drain by introducing the Returning Expert Programme (REP) to attract Malaysians to return home and the Residence Pass-Talent (RP-T) to retain skilled expatriates in Malaysia. These programmes assess the individual based ...

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Savings Account, Current Account, or CASA?


Everyone knows that we can deposit our money at the bank. But how many of you know where in the bank you should be depositing your money in, in order to better fit your needs? You may be familiar with the terms savings account, current account, and CASA (current account savings account), but do you really know how they work? ...

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4 Syariah-Compliant Investment Plans For Everyone


Featured image via WorldOfTravel Normal avenues for investment aren’t available to Muslims due to the presence of unsury (riba), gambling (maisir) and ambiguity (gharar). To compensate for this, Malaysia has made available several Islamic investment products that are free of these influences. These investment plans can also be purchased by all non-Muslims. 1. Islamic REITS (i-REITs) Malaysia was the first ...

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Get Aggressive with Fixed Deposits Today!


So you thought fixed deposits are the easiest, safest, no-hassle forms of investment around? Well, you’re both right and wrong. While the under-lying principle remains the same, there are actually ways to optimise your fixed deposit investments so that they beat the inflation rate and really generate income for you, too. Take Advantage of Promotions The main key to take ...

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Walkability and Property Prices


Are you a property hunter on the prowl for profitable properties to invest in? As pretty much any investor will tell you, it’s all about the location, location, location. Traditionally, this meant that your potential property should preferably be located in the ‘hot’ part of town, near various public amenities, offices, tertiary educational institutions, or at least one of the ...

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How Many Types of Fixed Deposits Do You Know?


We all know that fixed deposits are practically the easiest, safest, lowest-risk form of investment available – but did you know that there’s more than one type of fixed deposit in the market? We’re not just talking Bank A versus Bank B, either. The Standard Fixed Deposit The standard fixed deposit is easy to understand in principle. You deposit a ...

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What Do Rich People Invest in, Besides Property?


In 2014, the total wealth held by millionaires in the world grew to USD56.4 trillion. While the majority of that wealth is still in North America, the bulk of the growth was seen in the Asia-Pacific region, which saw wealth grow by 11 percent to USD15.8 trillion. Total global wealth is expected to top USD70.5 trillion by 2017. We All ...

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