Islamic fixed deposit that pay upfront profit (interest) immediately when certificate is issued

I have sold a little shares recently, and thought that I am quite unlikely to reinvest the money into share market for the next 1 month. Short term fixed deposit is in my mind.

There is a kind of short term Islamic fixed deposit (Murabahah) that will pay upfront profit (interest) immediately when certificate is issued or account is opened. You will get your fixed deposit return immediately, without having to wait for its maturity date.

Such product in Maybank is called "Profit Now! Account-i (PNA-i)" and the one available in CIMB is called "Fixed Return Investment Account-i (FRIA-i) - WhyWait". Both their profit rate for 1 month deposit is 3% per annum, which is the same rate as most other 1 month fixed deposit products in Malaysia now.

I have chosen Maybank Profit Now! because it is very convenient. The account can be opened with Maybank2u online banking eFixed deposit placement function, and I don't even need to visit the bank to open this account.

I put in RM10,000 for 1 month fixed deposit, and immediately get back RM25.41 in return.

Of course, if I make an upliftment (take out the FD money before maturity date), I won't get back the full RM10,000 principal as the upfront paid profit will be deducted from it.

In this way, I could get triple-tiered interest for the short term deposit, which are:

• 3% per annum for the FD
• 0.3% per annum for the interest of the FD which was deposited back to my savings account
• 5% bonus interest on interest

It is better than leaving the money in my share trading trust account, isn't it?

80% discount for Advanced SystemCare Pro (3 PCs license) @ $12.97 only

From the 1st release of Windows 95 to the latest release of Windows 7, it is a common issue of all computers (regardless PCs or servers) running on Microsoft Windows OS that over time, the OS will become slower and slower, and the harddisk storage will also filled up with more and more junk files.

Advanced SystemCare by IObit is the tool to restore and maintain the performance of your Windows OS close to the moment it is freshly installed. There are 2 versions of it, the Free version with basic function, and the Pro version with tonnes of functions to clean, fix, optimize and tune up your Windows computer.

I have been using Advanced SystemCare Pro for more than a year, from Version 3 until Version 5 now. For each new version release, they introduced more and more functions, and it never fail in tuning up my Windows computers so far.

One of the beauty of this software is it can automatically and quietly perform its scan, fix and clean tasks when your computer is idle.

Just to share with you that now, there is a promotion for this software until 31 March 2012. You can get Advanced SystemCare Pro license for 3 computers, and a Windows Tweaks Guide eBook in PDF format, at the price of $12.97 only, which is 80% of their normal price. This price is even cheaper than my Norton Internet Security annual subscription fee.

The license will last for 1 year, and you get unlimited software update and upgrade as well as technical support along the period.

Accessing Citibank Online website during weekends

Citibank Online user using Internet Explorer 9, do you notice that every weekend you will have problem accessing to that website? You will get the error message as below, and this problem has been around for a few weeks, yet remains unfixed.

Luckily, there is a workaround. Do you see the Citigold tab on top? Well, you can successfully login to the website using Citigold login page. That's the trick.

Alternatively, you can also access to Citibank Online website using other web browser like Firefox.

It is somehow weird that this problem only occur during weekends, but not weekdays.

Let's see how long the Citibank folks will take to get their website fixed this time.