GoldCrest Pavillion (GCP) HQ, visited!

TODAY, I visited the Goldcrest Pavillion (GCP) HQ in Nilai, Negeri Sembilan.
Visit GCP's Official Website HERE.

For a FIRST timer, GCP's office is a little bit difficult to find. Among the landmarks are Ice Room, Pizza Hut and Courts. The place is on Jalan BBN 1/E and is located on the 1st floor in a row of shophouses. It is located between Bank Rakyat on one end and Hailam Kopitiam on the other end and is nearby a Dialysis centre.

The purpose of the visit is to find out more about the company and the operations of the company in view of the recent Gold Raids(Read HERE)by the Malaysian authorities.

Met Bi(M) & Ayu who answered my queries, showed some samples(Jewelleries and its different patterns/designs, a 50gm GCP Gold Bar and 100gm GCP Silver Bar) and handed over some reading materials. Unfortunately, was unable to transact as I've to wait for another 204 dealers to sign up before the required number is available.

HIKMAH - Himpunan Kedaulatan Melayu Islam Akhir Zaman

UPDATE 17/10:
Organiser informed that due to overwhelming response, venue might be changed to a place that can accommodate more than 200people.

>>>>>>>>>
Programme: Himpunan Kedaulatan Melayu Islam Akhir Zaman (HIKMAH).
Date : Sunday, 4 November 2012 (9AM - 1PM )
Venue: Section 7, Shah Alam (TBC)


HIKMAH Programme Background, Read HERE

Radzi Sapiee, Author of a few Books (Berpetualang ke Aceh - Book 1, 2 & 3 and other titles) is the Founding Promoter and Organiser for this event.

11,011 PageVIEWS on 10/10/12

TODAY I.e. 10/10/12, the 11,011 PageVIEWS milestone for this blog - ACHIEVED.

Popular Posts are:-
(1)1,470 Kunjungan ke Pageantary Gold (AUGUST 18, 2011)
(2) 678. "Islamic Gold Dinar: Myths & Reality" (JANUARY, 2011)
(3) 376. Dinar Dirham Event (MAY, 2011)
(4) 323. KBI Launches Gold Dinar & Bar Products (JUNE, 2011)
(5) 248. Gold Discussion in 2nd GIFF (OCTOBER, 2010)
(6) 237. 54 Tahun Merdeka, Masih DiJajah
(7) 203. History MADE by RMC Batch '83-'87 (AUGUST, 2011)
(8) 188. Launching of SRDC (2011)
(9) 108. Gold Investment (2011)
(10) 91. Qirad Agreement in Dinar & Dirham(MARCH, 2011)

Top 10 Visiting Countries are as follows:-
(1)MALAYSIA
(2). USA
(3). GERMANY
(4). SINGAPORE
(5). SLOVENIA
(6). RUSSIA
(7). NETHERLANDS
(8). UK
(9). UKRAINE
(10) INDONESIA
Note: According to the Blogspot stats, 11k PageVIEWS were recorded. However, according to the "FlagCounter" stats only slightly above 9k PageVIEWS were recorded. I am not sure why there's such a discrepancy.

To ALL Who Had Visited This Blog, THANK YOU VERY MUCH for the Support Given and Interest Shown. A SPECIAL THANKS goes especially to those who had taken the time to Comment on the Blog Post(s).

GOLD RAIDS - In Malaysia & Singapore !!!

The Powers that be seemed to be in a "golden" mood nowadays.

Some mainstream news:-
NTV 7
New Straits Times

4 Companies have been raided & it's assets frozen to-date. They are:-
(1) Caesar Gold
(2) Genneva Malaysia Sdn Bhd
(3) Pageantary Gold Bhd
(4) Worldwide Far East Sdn Bhd

Bank Negara Malaysia(BNM) Statement, HERE

I had some experience with 2 of the companies raided.
One had publicize pictures of a Royalty...the King to be precise, gracing their launch event in the Souvenir/Itinerary Booklet(which is then sold to agents as a marketing tool) to the extent that my neighborhood doctor persuaded me to view their operations at The Kuchai Lama area in KL and wanted me to invest...Luckily I did not. In addition, prior to going to the place, I'd contacted one of the Syariah Advisor and he'd asked me to checkout the operations and inform him later of my observations.

Another company I went to in the Setapak area (Read HERE) and had even attended their 1st Anniversary event as a VIP Guest in a KL hotel, informed me that they were in the midst of implementing a similar scheme to the 1st company I went to and was finalising their submissions to the SSM (Companies Commission) for a trust to be created to administer/manage thescheme...I am now wondering what happened to their SSM submissions.

My 177 Dinar Advice - Make Sure You Get ACTUAl Gold Bar(s) and/or Dinar(s) and/or Jewelry when investing in so-called "Gold Investment" scheme.




Comments:
(1) Rumours has it that upwards of RM500m have been invested by "investors" in the 4companies raided by the authorities. Some estimates that upwards of RM1b.

(2) Another rumour has it that The amount invested in gold had the authorities worried as banking deposits and investments in the securities market are affected.

(3) Even another rumour making the rounds is that confidence in paper currency has taken a dive generally with Quantitative Easing 1, 2 and now QE3. This is coupled with the fact that 2 states in the USA i.e.UTAH (2011) and SOUTH CAROLINA (2012)had legalised the use of Gold and Silver as an alternative currency to the USD.
(to be continued)

D&d in INTERNATIONAL TRADE - STRUCTURING of a Mudharabah txn

UPDATE, October 2012: Matters Concluded in 2012.

Amirul HM Consulting & Services(AHM CREATES) had just(3rd Quarter 2011) structured a Mudharabah contract in an International Trade txn involving 2 countries I.e. Malaysia & China.


FACTS of the DEAL:
(1) Reference Currencies:
1. GOLD Dinar & Silver Dirham
2. Ringgit Malaysia
3. US Dollars

(2) Transaction Value:
40 Dinars & Dirham change

(3) Purpose of Al-Mudharabah:
The Mudharabah is for the purchase of vegetables in China, importing it into Malaysia and reselling the vegetables in the Malaysian market.

(4) Profit-Sharing Ratio(PSR)
Classified

(5) Misc. Items
1. Dirham Change: To avoid strict referencing to certain currencies, certain value added matters/services were included.
2. Documents:

Why "SALT" as a Currency??? My Weltanschauung!

During Prophet Muhammad SAW (PBUH) time, HE'd used other types of commodities as currencies apart from the GOLD dinar, SILVER dirham and fulus. Amongst the commodities used were Wheat(Flour/Gandum), Barley, Dates(Kurma) and of all things....... SALT (GARAM)!!!

At times, JUST THINKING about the Gold dinar & Silver dirham would at times lead to certain people displaying "strange" or, "eccentric" behaviour. I've seen both the best or altruist behaviour of MAN(...and WOMAN) and the worst or ugly behaviour of "D&d Activists" aka Dinarist during my travels. Had even had a couple of strange dreams and unique experiences in this knowledge quest.

Many a times, I find myself asking/stating "IF" or, "IF ONLY"!!??? Thus, I'd wondered and would suggest that readers and activists "cleansed" their thoughts once in a while when discussions on the Dinar & Dirham becomes too "intense"...by thinking about the other types of commodities used by our Prophet Muhammad PBUH and WHY!?

In my case, I'd always wondered why "SALT"???

My inner prayers were answered when I travelled into the Royal Belum Rainforrest area (in the State of Perak, Malaysia) late last Year(4th Quarter 2011) and spent some time with the Jahei clan...(1-1.5 hrs by boat fm Pulau Banding to their settlement). The Jahei clan/community leads a simple life...the term "Kais Pagi, Makan Pagi. Kais Petang Makan Petang" applies to this clan...they can't plant stuffs like fruits or vegetables NOT because they are lazy but because circumstances do not permit. If they plant stuffs, elephants will come and wreak havoc....and by the way, somebody was just eaten by a tiger a few days/weeks before I got there.

(Continuing Story). Part 2:
I tried to promote the Gold Dinar & Silver Dirham to the Jahei people when I was asked:

"ini barang Ada magik ke bang? Boleh tolong aku ke kalau kena kejar dengan Gajah atau Rimau? (Is there any magic in this thing? Can it help me if I'm chased by an Elephant or a tiger?).

It was then that I learnt that the clan used SALT as one of their currency apart from other foodstuffs. ....which lead me to the next question - "What the heck do they do with the SALT? "

Simply put, The SALT will be placed in bamboo or wood casing & hung at "popular" areas frequented by animals. When animals licks the salt from the casing, they'll be killed(either by dart, spear, slingshot etc) and wallah, food for the clan - THANKS to SALT! And that, is why salt can be used as a currency!!!

Another point to note: Paper Money is at times used to start a fire especially during wet/rainy season! GO FIGURE!!!