Investing in Bursa Gold Dinar

Business & Finance
15 May 2024 • 1:05 PM MYT
Daily Express
Daily Express

Daily Express Online (Malaysia) is Sabah's top-ranked & most viewed English news site. It is also Sabah's leading & most circulated daily English newspaper.

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By: David Thien

Kota Kinabalu: Bursa Gold Dinar (BGD) is a new offering by Bursa Malaysia where any Malaysian or legal resident above 18 can invest in gold via a mobile app, from as little as RM10.

Investors can cash out their gold investments instantly and at any time online with their online banking facilities.

Why it is not a scam liability unlike many past failed schemes by private companies is that the shariah-compliant gold investment product on the Bursa Gold Dinar platform is backed by an equivalent amount of underlying physical gold.

Investors can collect its physical gold value in gold coins.