i found out about something, comparison between bank rakyat and al rahji bank.

say, both banks loan me RM50k, with repayment of 10 years. BR offers me 5.25% whereby Al Rajhi offers me 7.25%.

Main difference here is that, for BR, for the first few years, most likely 2-3 years, the installment that you paid, serve purely interests only. It will not knock out any principal.

for AR, the first installment, it will knock out the principal+interests. like our full/semi flexi loan type.

so meaning, if you plan to settle your loan earlier, then better take AR with higher interests rate, compare to BR.

i'm not so sure yet about bank islam or other malay banks.