Product Disclosure

Read this Product Disclosure Sheet before you decide to take the POS ArRahnu Gold Account product. Be sure to also read the Terms and Conditions of the product. Seek clarification from us if you do not understand any part of this document or the general terms.

THE PRODUCTS

1. POS ArRahnu Gold-i

POS ArRahnu Gold-i is a Shariah-compliant digital gold product that allows customers to buy, sell and convert to minted gold bar. The actual physical gold is securely stored in a well-established security vault in Malaysia.

POS ArRahnu Gold-i provides live gold prices for customers to buy and sell.

Customers have the option to request physical gold in minted gold bar form by paying the necessary fulfillment cost.

Parties involved in the gold transaction:
i. The Customers

a)	As a Buyer - The customer purchases the gold from POS ArRahnu Gold-i.
b)	As a Seller - The customer sells the gold to POS ArRahnu Gold-i.

ii. The Company (Go Capital Growth Sdn Bhd)

a)	As a Seller - The company sells the gold to the customer.
b)	As a Buyer - The company buys back the gold from the customer.
c)	As a Custodian - The company acts as POS ArRahnu Gold-i customer's representative to safeguard the gold purchased by the customer.
d)	As Gold Supplier - The company procures 999.9% SIRIM accredited Gold Bars for sale via POS ArRahnu Gold-i.

ELIGIBILITY

2. To be eligible for a POS ArRahnu Gold-i account, individuals must meet the following criteria:

a)	The individual must be 18 years old and above.
b)	Malaysian and permanent residents with valid MyKad or MyTentera
c)	Non-Malaysians may also open an account, provided they have a local Current or Saving Bank Account in Malaysia.

PRODUCT SPECIFICATION

3. Product specification details:

Items	Description
Initial Purchase	MYR10.00 (or its equivalent in gram)
Subsequent Purchase	MYR10.00 (or its equivalent in gram)
Minimum Balance	MYR10.00
Gold Purity	999.9%
Currency	Ringgit Malaysia (MYR)
Method of Purchase & Sell	The Buy and sell can be performed through: a) POS ArRahnu Gold-i Platform
Physical Gold Denomination (Conversion)	0.5 gram, 1 gram, 5 gram, 10 gram, 50 gram, 100 gram, 1 Dinar (4.25 gram), 5 Dinar (21.25 gram)
Transaction Hour	The transaction hours are available from 8:30 am to 11:59 pm, Monday to Sunday, including national public holidays, in accordance with the Federal Territory calendar.

FEES AND CHARGES

4. The following fees and charges may apply:

Storage Fees
i) The storage fee is 1% per annum based on your daily gold holdings. This fee is accrued daily and debited at the end of each month. The storage fee will be 1% per annum or equivalent of MYR1.00 in gold grams, whichever is higher. For account closure, the storage fee will be calculated on a pro-rata basis. In addition, a Sales and Service Tax (SST) of 6% shall be imposed on the storage fee and charged in accordance with the prevailing laws and regulations.

ii) The storage fee is calculated based on the applicable rate and minimum monthly charges determined by GO Capital Growth from time to time. The fee is subject to the terms and conditions governing your POS ArRahnu Gold-i account If there are any changes to the storage fee or the applicable minimum charges, GO Capital Growth will provide notice by publishing the updated information on the POS ArRahnu Gold-i Platform at least five (5) business days before the changes take effect.

Payment Cost
The FPX processing fee of MYR 1.20 per transaction is applicable only for successful transactions.

Physical Gold Fulfilment Fee

i. Making Charges

Denomination (gram)	Making Charges/pc (MYR) (MYR)
0.5	53.40
1	72.00
4.25	135.50
5	162.00
10	204.00
21.25	325.50
50	685.00
100	1095.00

ii. Courier Charges

Courier, Handling & Packaging Charges	Cost	Packing Limit
WM/EM	MYR30.00 per parcel	30pcs or 100g

Notes:

1)	The fulfillment fee refers to Making Charges (Premium/Pcs + Handling Charges/Pcs + Insurance/Pcs) + Packaging & Shipping + 8% SST .
2)	Packaging and shipment costs only chargeable once.
3)	The company reserves the right to revise the fulfillment cost from time to time without prior notice. The changes will be based on the charges imposed by the vendors and service providers.
4)	The maximum for physical gold fulfillment of minted gold bars is 100 grams or a maximum of 30 pieces per parcel, each time.
5)	This policy applies to both West Malaysia and East Malaysia; delivery is available in Malaysia only.
6)	For physical delivery, the customer needs to appoint the seller as their agent (wakil) to keep/hold the purchased/converted gold in custody (wadiah) until the collection takes place by the purchaser or their appointed agent (wakil), or until the gold is delivered by the agent (wakil).

For illustration only.

Scenario	Calculation			Total Customer to pay
Scenario	Making Charges	Packaging Shipment	8% SST	Total Customer to pay
2 grams of physical gold (same denomination - 1 gram)	MYR 72.00 x 2 pcs	MYR30.00	MYR13.92	MYR 187.92
100 grams of physical gold (multiple denomination)	50 gram - MYR 685.00x 1 pcs 10 gram - MYR 204.00x 3 pcs 5 gram - MYR 162.00 x 4 pcs	MYR30.00	MYR155.60	MYR 2,130.60

Note: The displayed price includes Making Charges, Courier, and Takaful/Insurance and applicable SST.

For any assistance, you may contact us using the following:
Contact Number: 03 2267 2267 EXT 6741
(Monday to Friday, excluding Public Holidays, from 9 am to 5 pm)
Email: PARSB-OPS@pos.com.my
Company Address: Tingkat 3, Ibu Pejabat Pos Kompleks Dayabumi, 50670 Wilayah Persekutuan Kuala Lumpur