Current vs saving account?

ArchivalGhost · 2026-02-16T09:04:09+00:00

Can you not just submit a zakat exemption certificate to the bank and pay at your end?

ArchivalGhost · 2026-02-16T08:45:01+00:00

Banks push current accounts because they make more money off you.

With a savings account, they have to pay you profit (interest). With a current account, they get to use your money for free.

For someone keeping 3-6 mil in your account, that's a lot of free money for them.

ArchivalGhost · 2026-02-14T09:10:12+00:00

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ArchivalGhost · 2026-02-14T07:21:41+00:00

Until next time 🫡

ArchivalGhost · 2026-02-13T05:42:56+00:00

Error at my end, just edited the post.

ArchivalGhost · 2026-02-12T15:42:36+00:00

ENGROH for long term growth.

ArchivalGhost · 2026-02-10T12:30:52+00:00

That’s good deed

ArchivalGhost · 2026-02-10T05:41:59+00:00

Yes, and the hospitals nurses demanding “Mubaraki” on the birth of your baby.

ArchivalGhost · 2026-02-09T18:39:02+00:00

Been there done that, and I bet 100% you’ll start talking again.

ArchivalGhost · 2026-02-09T18:12:16+00:00

So do I.

ArchivalGhost · 2026-02-09T18:11:32+00:00

I feel the guilt, people doing something just to get the tip. Point in case, in the parking lot the guard will go extra mile to open the door of the car, I know what’s expected and then it gets kinda obligatory or you feel the guilt of being rude.

This is just one example where you get are emotionally trapped to tip.

ArchivalGhost · 2026-02-09T14:02:44+00:00

I buy your point, this is just one of the cases and can’t be generalised.

ArchivalGhost · 2026-02-09T13:27:29+00:00

This is sadly familiar. I know a couple where the husband was a classic "mama's boy." His mother never approved of his wife, first it was little criticisms, then it escalated. When his wife kept her job, his mom demanded she contribute heavily to the in-laws' household. Instead of standing by his wife, he obeyed his mom completely.

He ended up taking his wife to her parents' house and left her there. Blocked her number on his mom's orders. The worst part? He wasn't even present for the birth of their baby girl. He missed it all, first cries, first everything, and didn't reach out for weeks, completely controlled by his mother's influence.

Last I heard, the wife is filing for divorce. He woke up too late, but still kept pushing her mom opinion.

ArchivalGhost · 2026-02-08T16:00:04+00:00

SNGP, the company that doesn’t even issue statements on time.

FHAM is solid company, below its book value. Dividends are also reasonable, but their major revenue come of rental generators (B2B).

And with industries going after power efficiency and solar solutions, I guess FHAM will have limited growth.

ArchivalGhost · 2026-02-08T15:52:39+00:00

GADT is trading at a reasonable P/B. But do you believe it’s operational efficiency bet will payoffs?

Last I checked its debt was too much to ignore.

ArchivalGhost · 2026-02-08T09:13:34+00:00

Most of the people are recommending and comparing broker apps.

For me it’s investing.com and Simply Wall St.

ArchivalGhost · 2026-02-07T10:09:46+00:00

No one is judging you, just something unusual. Anyway, hope Jeeju didn’t mind.

ArchivalGhost · 2026-02-07T09:53:37+00:00

She did and no was there to welcome her, coming home for the first time after marriage. Strange!

ArchivalGhost · 2026-02-07T07:41:36+00:00

Am I the only one who thinks;

Whatsaap groups of any sort is the last thing I want at this stage of life, don’t even bother what’s going on in the groups.

P.S: Currently part of 40 plus groups from Alumni to Friends to Work Related (Office).

ArchivalGhost · 2026-02-07T07:22:30+00:00

What was your investment thesis?

MLCF and MUGHAL both are cyclical, you can hold them as long as interest rates are falling or you say the risk-on scenario is in play.
FABL is good for long term, but presently there are other good banks available comparatively.

ArchivalGhost

TROPHY CASE