TSfemgoo2005
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Jun 21 2018, 08:32 PM, updated 6y ago
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Getting Started
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Hi, i want to know whats the difference between
1)conventional and Islamic principles for new car loan?
2)The conventional ones always go for floating rate or fix rate? What are the pros and cons?
3) Average how much is the charges, bank will charge for the loan application? (without going through car salesman)
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jimmyng
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Jun 21 2018, 10:22 PM
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Getting Started
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QUOTE(femgoo2005 @ Jun 21 2018, 08:32 PM) Hi, i want to know whats the difference between 1) conventional and Islamic principles for new car loan? 2)The conventional ones always go for floating rate or fix rate? What are the pros and cons? 3) Average how much is the charges, bank will charge for the loan application? (without going through car salesman) While waiting for the other sifus to reply, maybe you can check out this link: Difference between conventional & Islamic principles
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deity01
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Jul 6 2018, 03:55 PM
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QUOTE(femgoo2005 @ Jun 21 2018, 08:32 PM) Hi, i want to know whats the difference between 1) conventional and Islamic principles for new car loan? 2)The conventional ones always go for floating rate or fix rate? What are the pros and cons? 3) Average how much is the charges, bank will charge for the loan application? (without going through car salesman) lol conventional loan...sign lesser documents... islamic loan..sign more documents...
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TSfemgoo2005
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Jul 19 2018, 09:10 PM
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Getting Started
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Thank you all
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