Bursa Gold Dinar Makes Gold Trading Easy and Affordable

Bursa Malaysia launched the Bursa Gold Dinar mobile app this year, as an innovative Shariah-compliant gold trading platform designed to provide digital convenience for investors in Malaysia. The app offers a secure and trusted opportunity to buy, sell, transfer and store gold digitally.

Gold Trading Made Easy

With an entry-level investment starting at just RM10, the app aims to make gold investment accessible to a wider audience. Unique features include the ability to transfer gold to loved ones and redeem every 4.25 grams of gold owned into a physical, custom-designed coin delivered directly to the investor. The Bursa Gold Dinar app will also includes feature like Buy/Sell price alerts, allowing investors to set price thresholds and receive notifications when these are met. Investors can set up to five price alerts, which can be edited or deleted at any time. This blend of digital accessibility and physical gold ownership makes Bursa Gold Dinar an attractive option for modern investors looking to diversify their portfolios with gold. The platform has also extended trading hours until 11:50 p.m., seven days a week, making it highly accessible for all types of investors.

Making Digital Gold a Part of Your Investment Portfolio

Investing in gold is a prudent choice for several reasons. Firstly, gold has historically been a stable store of value, often acting as a hedge against inflation and economic uncertainty. It is a tangible asset that retains its intrinsic value over time, unlike paper currencies which can depreciate due to inflation or political instability. Additionally, gold investments diversify portfolios, reducing risk and enhancing long-term financial security. The Bursa Gold Dinar app simplifies this process, making gold investment accessible and secure for individuals looking to safeguard their wealth in an ever-changing economic landscape. Overall, the combination of geopolitical risks, economic policy expectations, and strong retail demand suggests a positive outlook for gold investment.

A Path to Ethical Wealth Management

The app will also feature a Zakat Information service to assist Muslim investors in calculating the amount of Zakat obligation based on their gold holdings. When an investor's gold reaches the nisab threshold of 85 grams, the obligation to pay Zakat is triggered. The app provides precise Zakat calculations and timely notifications to help keep investors informed on their Zakat obligations.

As Bursa Malaysia continues to expand its capital market offerings, the introduction of the Bursa Gold Dinar app represents a significant step forward in democratising investment opportunities and fostering financial inclusion. This development is part of Bursa Malaysia’s broader strategy to enhance customer centricity and broaden investor participation in the capital market through innovative investment products and services.

Unlock your gold investment potential today with Bursa Gold Dinar. For more information visit bgd.bursamalaysia.com or download the Bursa Gold Dinar app on the App Store or Google Play Store.