Bazaar Mega Jaya (001923607-A)

No. 27, Lorong Asas Jaya 3, Permatang Tinggi, 14000 Bukit Mertajam, Pulau Pinang, Malaysia (Tel: 012 203 5820) BazaarMegaJaya@gmail.com Malaysia.

Dirham Khalifah

Front: 1 Dirham and 2 Dirham (showing Dirham Kelantan for comparison)

Back

1/6 Dirham (top) 1/2 Dirham (middle)

Lodon Silver (Aug 30) LBMA 1 oz USD (30/8) RM/USD g/oz RM/g (30/8) Dirham Khalifah (August 30) Silver + Cost (RM)

40.90 2.98 31.10348 3.92 2D 1D 1/2 D 1/6 D (5.95g) (2.975g) (1.49g) (0.496g) 34 18 11 5

Bazaar Mega Jaya Bullion Trading Model (BBT) Since the silver bullion industry in Malaysia is in its infancy, many end users and even industry players are not well versed in the fundamental mechanisms of this industry. Our team has spent a long time working with various industry experts (traditional minters, Islamic experts, academics) to come up with the Dirham Khalifah and Dinar SMS business model. For convenience of discussion, we shall call this Bazaar Mega Jaya Bullion Trading Model (BBT). The Bazaar Mega Jaya Bullion Trading Model will overcome many weaknesses that exist in the silver bullion industry in Malaysia, giving maximum benefits to investors and end users.

Bullion Markets around the World Please refer to the mechanisms of the bullion markets around the world to understand the fundamental mechanisms of the silver bullion industry. There are much material on this topic on the Internet, but much of them are rather confusing than informative. As a guide, we suggest our partners and customers to refer to these authoritative websites: 1) The London Bullion Market Association www.lbma.org.uk 2) The Indian Bullion Market www.ibma.org.in 3) Shanghai Gold Exchange (China) http://www.sge.sh/publish/sgeen/

Fundamental Mechanisms of a Bullion Market A bullion market is a PHYSICAL LOCATION (with additional electronic infrastructure) where the bullion (gold or silver) is TRADED. There are TWO (2) fundamental methods of trading bullion: a) Over the Counter: e.g. LBMA (see http://en.wikipedia.org/wiki/Gold_fixing) b) Real time trade: buyers and sellers offer bid and ask prices CONTINUOUSLY; as such, the agreed price changes continuously over time.

Off-site transaction and On-site transaction An on-site transaction is where buyers and sellers meet face to face in ONE PHYSICAL LOCATION and conduct the transactions. An off-site transaction is where buyers and sellers negotiate with each other using hand phone or Internet before meeting each other. The final price of the transaction is subject to change due to many factors. Buyers and sellers should understand the risks and uncertainty of off-site transactions.

Mechanisms of buying and selling Dirham Khlifah: Bazaar Mega Jaya Bullion Trading Model (BBT) 1) Bazaar Mega Jaya will publish Partners Price from time to time.

Dirham Khalifah (August 30) Silver + Cost (RM)

2D 34

1D 18

1/2 D 11

1/6 D 5

2) A Partner of BMJ will pay BMJ the amount of money in Ringgit Malaysia for the Dirham Khalifah BEFORE the minting (pre-minting sum). 3) A Customer of BMJ will buy the Dirham Khalifah from a BMJ Partner AFTER the Dirham Khalifah are minted. 4) A Customer may declare his (her) intention of buying the bullion (Dirham Khalifah) by specifying the quantity, denomination (weight) and price any time prior to minting until after the bullion is minted. The price declared by a Customer is a bid price (http://en.wikipedia.org/wiki/Bid_price). 5) Partners can know the order from customers before paying the pre-minting sum. So this minimizes the risk of partners. 6) Partners (more than one) may offer competitive ask price (http://en.wikipedia.org/wiki/Ask_price). 7) BMJ will coordinate the negotiations between partner and customer. This can done via telephone, Internet (Facebook or Email), or Dinar SMS (see below). 8) A partner may or may not take a deposit from a customer for his (her) order. BMJ will coordinate such negotiations but ultimately leave the decisions to the partners and customers. 9) Using the above mechanisms, both Partners and Customers can enjoy the maximum benefits minimizing risks and maximizing profit (Customers buy at lowest price; Partners minimizes holding time).

Using Dinar SMS 1) Partners or Customers may declare their bid and ask prices using Dinar SMS (Facebook Page): http://www.facebook.com/pages/Dinar-SMS/168619023185505
Dinar SMS Server number: 012 646 8069

2) Keywords: BUY, BELI SELL, JUAL D2 (2 Dirham) D1 (1 Dirham) DN (Nisfu = Dirham) DQ (Daniq = 1/6 Dirham) 3) Example: BUY <denomination> <price> <quantity> SELL <denomination> <price> <quantity> BUY 37 D2:1 (Buy 1 piece of 2 Dirham at RM37) SELL 19 D1:2 (Sell 2 pieces of 1 Dirham at RM19)