QUOTE(woolei @ Nov 5 2018, 04:15 PM)
Yeah, almost heart attack last night i forgot how it work after long time no login, shock die me
Helpless here, Sign wrong agreement
|
Nov 5 2018, 04:17 PM
|
Junior Member
76 posts Joined: Oct 2018 |
|
|
|
|
Nov 5 2018, 05:13 PM
|
Senior Member
5,469 posts Joined: Jun 2008 |
LOL....i can imagine that.. islamic loan is something very 'special'. they cannot receive interest, hence they make it like repurchase back.
they buy the contract from you @ Rm370k, hence pay you that amount. then you will have to repurchase back the contract @ RM1.7mil, then this is the 'profit' for them by selling and buying contracts wahahhaa.... that is why i skip the whole chapter of islamic banking during my study days.... |
|
Nov 5 2018, 05:22 PM
|
Junior Member
105 posts Joined: Apr 2011 |
QUOTE(klthor @ Nov 5 2018, 05:13 PM) LOL....i can imagine that.. islamic loan is something very 'special'. they cannot receive interest, hence they make it like repurchase back. interesting topics.they buy the contract from you @ Rm370k, hence pay you that amount. then you will have to repurchase back the contract @ RM1.7mil, then this is the 'profit' for them by selling and buying contracts wahahhaa.... that is why i skip the whole chapter of islamic banking during my study days.... |
|
Nov 5 2018, 06:23 PM
|
Senior Member
1,199 posts Joined: Dec 2013 |
QUOTE(singguli @ Nov 5 2018, 01:41 AM) Ya, Sleepless here. Do you know what is the worse situation? What if I cancel this loan agreement only pay the penalty and the load amount released to developer right? No la, your situation can only get better! Donโt cancel the loan agreement... Instead try to sell the property for RM1.7m, who knows got water fish buyer! Hey, u got proof the bank agree ur property is worth that amount wat! Joke la! FYI Iโve never taken Islamic loan b4. I also tot itโs a grave typo! So bad only a lawyer can help! Happy your nightmare is over now! |
|
Nov 5 2018, 06:54 PM
Show posts by this member only | IPv6 | Post
#45
|
All Stars
13,540 posts Joined: Jun 2011 |
QUOTE(singguli @ Nov 5 2018, 04:02 PM) My statement dint show any rebate, even bank official from loan department also cannot explain how to read. My advise. Consult another banker ๐
๐
๐
Only said Islamic Loan statement is present like that. Honestly many auditors oso failed to und tis Islamic loan. I hav 1 under coy. Auditor every yr oso hin hin. |
|
Nov 5 2018, 08:38 PM
|
Senior Member
1,227 posts Joined: Jun 2010 |
Its same as Conventional Loan just the wordings and explanations changed
Like calling a tiger "striped cat" it the same animal just tat humans think "striped cat" is less intimidating |
Change to: | 0.0118sec
0.22
5 queries
GZIP Disabled
Time is now: 28th March 2024 - 06:44 PM |