06.12.2012 - Gold investment and shariah-compliant claims
Early last month, Bank Negara Malaysia, together with the Ministry of Domestic Trade and Consumer Affairs and the Companies Commission of Malaysia (SSM), raided several gold trading companies with the help of the police. Among them were Genneva Malaysia Sdn Bhd, Pageantry Gold Bhd, Caesar Gold Sdn Bhd, Worldwide Far East Bhd and Bestino Group Bhd. Genneva probably the largest and the most high-profile of these companies attracted much attention from the public and the media. Basically, these companies were raided as they were suspected of carrying out gold-trading schemes that the authorities claim were not sustainable...............................................Full Article: Source
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