Pos Malaysia has launched Pos ArRahnu Gold-i, a new Syariah-compliant digital gold platform that enables Malaysians to buy, save and sell gold from as little as RM10.
Launched in partnership with Go Capital Growth Sdn Bhd, the service also allows customers to convert their digital gold holdings into physical gold or cash.
According to Pos Malaysia, the digital gold platform is designed to make gold savings more accessible by lowering the entry point and to make participation earlier particularly for first-time savers, young working adults, families and B40 customers.
Pos ArRahnu Gold-i lets you buy, sell and convert digital gold
Pos ArRahnu Gold-i is available through participating Pos ArRahnu outlets nationwide as well as its digital platform. Customers can register online, complete eKYC verification by scanning their MyKad, and begin purchasing digital gold from as little as RM10.
Customers can buy and sell digital gold based on real-time market pricing and monitor their holdings through its online dashboard. Users can also convert their digital gold into physical gold or cash whenever required, with a flexible buyback threshold of 0.5g.
Pos Malaysia also said that Pos ArRahnu Gold-i offers one of the lowest gold spreads in the market, which makes gold savings more competitive and accessible.
The national postal and courier service provider also said that the gold offered through Pos ArRahnu Gold-i is supported by recognised accreditation and verification from the London Bullion Market Association (LBMA), SIRIM and the National Metrology Institute of Malaysia (NMIM).
It added that the platform is fully Syariah-compliant and combines Pos Malaysia’s nationwide reach with Go Capital Growth’s expertise in digital and physical gold services.
Limited-edition 1g Pos World gold bar
In conjunction with the the launch of Pos ArRahnu Gold-i, Pos Malaysia is also introducing several physical gold products, including a special-edition 1g “Pos World” gold bar which is limited to 500 pieces.
Customers interested in buying digital gold can do so via the Pos ArRahnu Gold-i website or visit participating Pos ArRahnu outlets. As with any gold savings or investment product, Pos Malaysia reminds customers to review the product terms before participating as gold prices are subject to market movements.
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