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Is there really potential for Islamic Finance to grow in Singapore? (Part 1)
By The Official Helmi Hakim Website  •  October 24, 2015
Note: The story that I’m about to share is a fiction, and not a reflection of reality in Singapore. The story goes…. On a bright, Sunday morning at a housing estate in Yew Tee, Misnah was beaming ear to ear, excited because she is going to finally get married to the love of her life, Ahmad the following week. She and Ahmad had diligently save money in their Al-Wadiah savings account, giving Hibah of 0.8%/annum and the money accumulated is just nice to pay for their combined wedding at a halal restaurant. They have also bought their lovely freehold condominium with a special themed concept and successfully attain Murabahah financing. Ahmad since the first day, he started working, had diligently, invested his money in a shariah compliant equity fund, and now making a superb profit. He is smart, because during the subprime mortgage crisis in year 2008, ......
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By The Official Helmi Hakim Website
My name is Helmi Hakim, and I am a financial consultant with NTUC Income Cooperative Ltd in Singapore. ? I joined NTUC Income as a financial consultant in October 2007, because I want to earn a lot of money. This is the job that offers me flexible timing, unlimited income potential and the possibility of me, being my own boss ...
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