Sukuk Simpanan Rakyat With 5% Fixed Guarantee Return
A bit late for me to update this type of investment scheme, but this information could help you in future. As everybody known, global economy crisis had hit the bank fixed deposit interest rates dropped to 2.5% or below. However, it’s good news to public because Sukuk Simpanan Rakyat was launching new units during this 2nd quarter of the year.
How Much I Know About Sukuk Simpanan Rakyat?
Sukuk Simpanan Rakyat, which is the latest investment, offers a fixed guarantee return of 5% per year as promised by our government, and the profit made on monthly basis. Sukuk Simpanan Rakyat was commencing from 14th April 2009 till 13 May 2009 with a maturity of 3 years. If I did not miss out the chance, I will definitely go to withdraw my fixed deposit and move into this.
Minimum & Maximum Investment?
This savings bond was opened for everyone who aged 21 and above. Minimum investment is RM1,000 and maximum is RM50,000. If you have excess funds in fixed deposit, it will make more sense to transfer all your funds into Sukuk Simpanan Rakyat bonds to earn a higher interest.
Where Can You Invest New Malaysia Savings Bond?
Commercial banks, including Islamic banks, Bank Rakyat Malaysia Berhad, Bank Simpanan Nasional and Bank Pertanian Malaysia Berhad.
The allocation of Sukuk Simpanan Rakyat is based on a first-come first-served basis. Successful applicants will be get notified by their agent banks.
Do Not Miss Out The Second Chance
I have often diversified my investment portfolio, in insurance, unit trusts and fixed deposit which has more liquidity but low returns. Now, Sukuk Simpanan Rakyat is a low risk, average returns, not bad investment, thus should give yourself a try!!! I think the second series will be launched, I believe in the 3rd quarter. Keep on reading and waiting for my news!!!
May 19th, 2009 at 11:49 am
when will they update us whether we entitle for it or not? 18th may already leh…
May 19th, 2009 at 9:34 pm
I thought most of the client will go for Unit Trust after the rates for fixed deposit has dropped? hehe
May 19th, 2009 at 10:01 pm
Raj,
My friend have already received a letter from BNM that she got the sukuk already.
As for me, no news although the bank has deducted the money from the account T_T
May 19th, 2009 at 10:04 pm
My sister invested in Sukuk Simpanan Rakyat not long ago and recently the bank agent contacted her that she’s one of the successful applicants.
May 20th, 2009 at 1:32 am
interesting =)
May 20th, 2009 at 1:18 pm
i not able to buy it leh, finish ledi
May 20th, 2009 at 7:08 pm
Not my cup of tea. Return to low for me. I like high risk with high gain returns. Stock market is my cup of tea! ^^
May 21st, 2009 at 3:23 pm
Er, I dont even know who are you woohhh?
May 23rd, 2009 at 11:36 am
sigh…i dont have extra $ go 4 that…so keep waiting another chance to come again…:(
May 25th, 2009 at 11:26 am
If I’m not mistaken, there is another called Amanah Saham which has higher return rate than Sukuk (7%… OMG!) but the maximum deposit amount is lower, only 20k.
May 25th, 2009 at 1:54 pm
Woo… Government uses all our money to invest in stock market. Why not we invest directly ourselves?
June 2nd, 2009 at 10:14 am
yup yup, i got received letter, i’m a successful applicant. yay!! hehe..