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Frequently
 
Asked
 
Questions
 
of 
 
Sukuk
 
Simpanan
 
Rakyat
 
(SSR)
 
01/2009
 
The
 
following
 
information
 
is
 
to
 
help
 
you
 
understand
 
better
 
the
 
features
 
of 
 
SSR
 
01/2009:
 
1.
 
Who
 
is
 
eligible
 
for
 
the
 
SSR
 
01/2009?
 
•
 
Malaysian
 
citizens
 
who
 
are
 
21
 
years
 
old
 
and
 
above
 
2.
 
When
 
is
 
the
 
offer
 
period
 
for
 
the
 
SSR
 
01/2009?
 
•
 
The
 
SSR
 
01/2009
 
is
 
offered
 
to
 
the
 
public
 
from
 
14
 
April
 
to
 
13
 
May
 
2009.
 
3.
 
When
 
is
 
the
 
SSR
 
01/2009
 
application
 
form
 
made
 
available
 
to
 
the
 
public?
 
•
 
The
 
SSR
 
01/2009
 
application
 
form
 
will
 
be
 
made
 
available
 
to
 
the
 
public
 
before
 
the
 
sales
 
period
 
at
 
branches
 
of 
 
the
 
agent
 
banks,
 
and
 
can
 
be
 
downloaded
 
from
 
www.treasury.gov.my 
 
and
 
www.bnm.gov.my/sukuksimpanan.
 
4.
 
Can
 
agent
 
bank
 
accept
 
application
 
and
 
payment
 
for
 
SSR
 
01/2009
 
from
 
the
 
public
 
before
 
the
 
sales
 
period?
 
•
 
No.
 
Agent
 
banks
 
can
 
only
 
accept
 
application
 
and
 
payment
 
for
 
SSR
 
01/2009
 
from
 
the
 
public
 
during
 
the
 
sales
 
period
 
commencing
 
from
 
14
 
April
 
2009.
 
5.
 
What
 
is
 
the
 
basis
 
of 
 
the
 
allocation
 
of 
 
the
 
SSR
 
01/2009?
 
•
 
The
 
allocation
 
of 
 
SSR
 
01/2009
 
to
 
the
 
applicant
 
is
 
based
 
on
 
a
 
first
‐
come
 
first
‐
served
 
basis
 
and
 
is
 
subject
 
to
 
such
 
terms
 
and
 
conditions
 
specified.
 
•
 
The
 
payment
 
for
 
the
 
application
 
of 
 
the
 
SSR
 
01/2009
 
during
 
the
 
sales
 
period
 
does
 
not
 
imply
 
that
 
the
 
applicant
 
would
 
be
 
successful
 
in
 
the
 
allocation
 
of 
 
the
 
SSR
 
01/2009
.
 
6.
 
What
 
is
 
the
 
frequency
 
of 
 
issuance
 
for
 
the
 
SSR
 
in
 
2009?
 
•
 
There
 
will
 
be
 
two
 
issuances
 
of 
 
the
 
SSR
 
in
 
2009.
 
7.
 
What
 
is
 
the
 
tenure
 
of 
 
the
 
SSR
 
01/2009?
 
•
 
The
 
SSR
 
01/2009
 
will
 
have
 
a
 
maturity
 
of 
 
three
 
years.
 
 
 
8.
 
What
 
will
 
the
 
minimum
 
and
 
maximum
 
amount
 
of 
 
subscription
 
be?
 
•
 
The
 
minimum
 
amount
 
of 
 
holding
 
per
 
SSR
 
01/2009
 
holder
 
is
 
RM1,000
 
per
 
application
 
and
 
in
 
multiples
 
of 
 
RM100,
 
e.g.
 
RM1,100,
 
RM1,200,
 
etc.
 
•
 
The
 
maximum
 
aggregate
 
holding
 
per
 
SSR
 
2009
 
holder
 
for
 
the
 
two
 
series
 
is
 
RM50,000.
 
9.
 
Why
 
is
 
the
 
maximum
 
holding
 
per
 
SSR
 
2009
 
holder
 
fixed
 
at
 
RM50,000
 
only?
 
•
 
The
 
maximum
 
holding
 
of 
 
RM50,000
 
per
 
SSR
 
2009
 
holder
 
is
 
to
 
allow
 
a
 
wider
 
distribution
 
of 
 
the
 
SSR
 
2009,
 
so
 
that
 
more
 
citizens
 
can
 
benefit
 
from
 
it.
 
10.
 
Would
 
profit
 
be
 
paid
 
on
 
the
 
applicant’s
 
investment
 
from
 
the
 
date
 
of 
 
application
 
to
 
the
 
date
 
of 
 
issuance
 
of 
 
SSR
 
01/2009?
 
•
 
For
 
SSR
 
01/2009
 
holder
 
who
 
chooses
 
to
 
open
 
or
 
maintain
 
a
 
savings
 
account
 
with
 
agent
 
bank
 
for
 
the
 
purpose
 
of 
 
receiving
 
quarterly
 
profit
 
payment,
 
early
 
redemption
 
and
 
final
 
redemption:
 
o
 
The
 
agent
 
banks
 
will
 
pay
 
the
 
SSR
 
01/2009
 
holder
 
the
 
prevailing
 
savings
 
account
 
rate
 
for
 
the
 
period
 
between
 
the
 
date
 
of 
 
application
 
and
 
the
 
date
 
of 
 
issuance
 
of 
 
SSR
 
01/2009.
 
o
 
For
 
example,
 
if 
 
you
 
apply
 
for
 
the
 
SSR
 
01/2009
 
on
 
14
 
April
 
2009,
 
you
 
will
 
receive
 
the
 
savings
 
account
 
rate
 
from
 
14
 
April
 
to
 
13
 
May
 
2009.
 
•
 
If 
 
however,
 
for
 
SSR
 
01/2009
 
holder
 
who
 
chooses
 
to
 
open
 
or
 
maintain
 
a
 
current
 
account
 
with
 
agent
 
bank
 
for
 
the
 
purpose
 
of 
 
receiving
 
quarterly
 
profit
 
payment,
 
early
 
redemption
 
and
 
final
 
redemption,
 
the
 
SSR
 
01/2009
 
holder
 
will
 
not
 
be
 
receiving
 
any
 
profit
 
for
 
the
 
period
 
between
 
the
 
date
 
of 
 
application
 
and
 
the
 
date
 
of 
 
issuance
 
of 
 
SSR
 
01/2009.
 
11.
 
What
 
is
 
the
 
profit
 
for
 
the
 
SSR
 
01/2009?
 
•
 
The
 
profit
 
for
 
the
 
SSR
 
01/2009
 
is
 
5%
 
per
 
annum.
 
This
 
means
 
the
 
profit
 
is
 
approximately
 
1.25%
 
(5%
 
divided
 
by
 
4)
 
of 
 
the
 
holding
 
amount
 
at
 
the
 
end
 
of 
 
each
 
quarter.
 
12.
 
When
 
and
 
how
 
will
 
profit
 
be
 
paid
 
to
 
the
 
SSR
 
01/2009
 
holder?
 
•
 
Profit
 
will
 
be
 
paid
 
on
 
a
 
quarterly
 
basis.
 
•
 
The
 
profit
 
from
 
the
 
SSR
 
01/2009
 
will
 
be
 
credited
 
directly
 
into
 
the
 
SSR
 
01/2009
 
holder’s
 
savings
 
or
 
current
 
account
 
maintained
 
with
 
the
 
agent
 
banks.
 
13.
 
Will
 
the
 
returns
 
on
 
SSR
 
01/2009
 
be
 
subject
 
to
 
tax?
 
2
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