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From: Fatkurradzi Jamil <[EMAIL PROTECTED]>
Date: 06-Sep-2006 17:17
Subject: Fwd: [ISLAMIC NBFI & CAPITAL MARKET] Swiss Cash not an approved fund: Malaysia
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---------- Forwarded message ----------
From: Fatkurradzi Jamil < [EMAIL PROTECTED]>
Date: 06-Sep-2006 11:59
Subject: Fwd: [ISLAMIC NBFI & CAPITAL MARKET] Swiss Cash not an approved fund: Malaysia
To: Fatkurradzi Jamil < [EMAIL PROTECTED]>, [EMAIL PROTECTED]
---------- Forwarded message ----------
From: FATKURRADZI JAMIL < [EMAIL PROTECTED]>
Date: 06-Sep-2006 09:42
Subject: [ISLAMIC NBFI & CAPITAL MARKET] Swiss Cash not an approved fund: Malaysia
To: [EMAIL PROTECTED]
[http://www.btimes.com.my/Current_News/BT/Wednesday/Corporate/BT584985.txt/Article/
]
Swiss Cash not an approved fund: Malaysia
By Roziana Hamsawi
href="" href="mailto:[EMAIL PROTECTED]" target="_blank">[EMAIL PROTECTED]"> [EMAIL PROTECTED]
THE Swiss Cash fund, an Internet-based investment programme promoted by Swiss Mutual Fund, has not been approved nor endorsed by the Securities Commission (SC).
SC and Bank Negara Malaysia issued a statement yesterday to inform the public that they should only invest through parties that have been licensed by the authorities."When in doubt, the public should check with Bank Negara, the SC or other relevant authority on the licensing status of the local or foreign company before making any investment," they said.
Swiss Mutual Fund, they said is not licensed nor exempted from licensing by Bank Negara to accept deposits. It is also not licensed by the SC to carry out asset management activities or services in Malaysia.
Swiss Cash fund is an Internet-based investment programme promoted by Swiss Mutual Fund, a fund management company claimed to be registered overseas. It offers the funds through the Internet and local agents.
Members of the public are advised to contact the SC and Bank Negara for enquiries on the fund at the following numbers: 03-62048999 (SC), 03-26910824 (Bank Negara).
--
Posted by FATKURRADZI JAMIL to ISLAMIC NBFI & CAPITAL MARKET at 9/06/2006 09:38:00 AM
Swiss Cash not an approved fund: Malaysia
By Roziana Hamsawi
href="" href="mailto:[EMAIL PROTECTED]" target="_blank">[EMAIL PROTECTED]"> [EMAIL PROTECTED]
THE Swiss Cash fund, an Internet-based investment programme promoted by Swiss Mutual Fund, has not been approved nor endorsed by the Securities Commission (SC).
SC and Bank Negara Malaysia issued a statement yesterday to inform the public that they should only invest through parties that have been licensed by the authorities."When in doubt, the public should check with Bank Negara, the SC or other relevant authority on the licensing status of the local or foreign company before making any investment," they said.
Swiss Mutual Fund, they said is not licensed nor exempted from licensing by Bank Negara to accept deposits. It is also not licensed by the SC to carry out asset management activities or services in Malaysia.
Swiss Cash fund is an Internet-based investment programme promoted by Swiss Mutual Fund, a fund management company claimed to be registered overseas. It offers the funds through the Internet and local agents.
Members of the public are advised to contact the SC and Bank Negara for enquiries on the fund at the following numbers: 03-62048999 (SC), 03-26910824 (Bank Negara).
--
Posted by FATKURRADZI JAMIL to ISLAMIC NBFI & CAPITAL MARKET at 9/06/2006 09:38:00 AM
--
Visit my Islamic NBFI & Capital Market Blog http://islamicfinance2u.blogspot.com
or Site http://nbfi.tripod.com
Thanks & regards
FATKURRADZI JAMIL
BA Hons Acc (UK), Dip in Acc (UiTM), CUTE, CEILLI, PCEIA
Islamic NBFI & Unit Trust Consultant
*********************************************************************************
(013) 391-2695
[EMAIL PROTECTED]
*********************************************************************************
TAKAFUL http://nbfi.tripod.com/id3.html
ISLAMIC UNIT TRUST http://nbfi.tripod.com/id8.html
ISLAMIC ESTATE PLANNING http://nbfi.tripod.com/id9.html
HAJJ & UMRAH http://nbfi.tripod.com/id10.html
*********************************************************************************
--
Visit my Islamic NBFI & Capital Market site http://islamicfinance2u.blogspot.com
Thanks & regards
FATKURRADZI JAMIL
BA Hons Acc (UK), Dip in Acc (UiTM), CUTE, CEILLI, PCEIA
Islamic NBFI & Unit Trust Consultant
***********************************************
013-391 2695
[EMAIL PROTECTED]
http://islamicfinance2u.blogspot.com
***********************************************
TAKAFUL - Family, General & Hospitalisation
ISLAMIC UNIT TRUST
ISLAMIC ESTATE PLANNING - Wasiat, Trust, Hibah, Waqaf & Faraid
HAJJ & UMRAH - Makkah, Madinah & Jeddah
***********************************************
--
Visit my Islamic NBFI & Capital Market Blog http://islamicfinance2u.blogspot.com or Site http://nbfi.tripod.com
Thanks & regards
FATKURRADZI JAMIL
BA Hons Acc (UK), Dip in Acc (UiTM), CUTE, CEILLI, PCEIA
Islamic NBFI & Unit Trust Consultant
*********************************************************************************
(013) 391-2695
[EMAIL PROTECTED]
*********************************************************************************
TAKAFUL http://nbfi.tripod.com/id3.html
ISLAMIC UNIT TRUST http://nbfi.tripod.com/id8.html
ISLAMIC ESTATE PLANNING http://nbfi.tripod.com/id9.html
HAJJ & UMRAH http://nbfi.tripod.com/id10.html
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