QUANTUM METAL SDN BHD (1011907U) (“QMSB”) is a fully owned subsidiary of Quantum Metal Exchange Inc (OTC: QMEI). Incorporated in Malaysia in 2012, QMSB primarily engaged in supplying and trading precious metal and gold products.
Through the digitalization of physical gold, Quantum Metal provides economy recovery solutions to QBEB members and local markets. This transformative step by Quantum Metal propelled the age-old concept of gold-backed into the realm of modern technology, securing partnerships with prestigious banks and cooperative organizations in Malaysia.
Embarking on the strategic journey of Corporatization, Digitalization, and Globalization, Quantum Metal is committed to shaping a sustainable future where shared prosperity is attained and backed by gold, a trusted asset class for centuries.
Provides technology development and services, banking system solutions, and trading of precious metals to our local partners such as banks, financial institutions, co-operatives and retail market in the country.
Gold has been widely used throughout the world as money – as a medium of exchange, as a store of value.
Quantum Metal Sdn Bhd
Press Release
20 July 2024
FOR IMMEDIATE RELEASE
Endorsement of Shariah Governance Framework and Establishment of Internal Shariah Committee
Quantum Metal is delighted to officially announce the establishment of our comprehensive and robust Shariah Governance Framework (SGF). This significant milestone has been met with full endorsement from our management, highlighting our commitment to upholding the highest standards of Shariah compliance across all facets of our operations.
As part of this initiative, Quantum Metal has established an Internal Shariah Committee comprising experienced Shariah scholars, chaired by YBhg. Dato’ Seri Haji Hassan bin Haji Ahmad. The appointment has been formally approved and endorsed by the esteemed Board of Directors on 15th May 2024, marking a pivotal moment in our Shariah compliance journey. Effectively commencing operations on 1st July 2024, the Shariah Committee’s primary mandate is to oversee and ensure that all our products and services strictly adhere to Shariah principles, thereby strengthening trust and transparency in our offerings.
In light of this, Quantum Metal hereby announces that Tawafuq Consultancy will no longer fulfil the role of Shariah adviser for Quantum Metal. Quantum Metal would like to express utmost gratitude to Tawafuq Consultancy for their valuable contributions and guidance in upholding our Shariah compliance standards during their tenure as our Shariah adviser. Their expertise and support have been instrumental in our journey towards excellence.
For further information or updates, please visit our official website at https://www.quantummetal.com.my/. Additionally, should you have any general inquiries, please do not hesitate to contact our Membership Careline at +60 3-8605 3611 or reach out to us via email at [email protected] or [email protected] .
Quantum Metal deeply values and sincerely appreciates the unwavering support, collaboration, and understanding demonstrated by all our stakeholders throughout this crucial process. Together, we remain steadfast in our commitment to fostering trust, transparency, and compliance within our operations.
Sincerely,
The Management of QUANTUM METAL SDN BHD