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TSfemgoo2005
post Jun 21 2018, 08:32 PM, updated 6y ago

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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)




jimmyng
post Jun 21 2018, 10:22 PM

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From: Negeri Sembilan


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
deity01
post Jul 6 2018, 03:55 PM

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Joined: Jan 2008
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...
TSfemgoo2005
post Jul 19 2018, 09:10 PM

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Thank you all

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