Loan maturity? No.

You can collect after PNB declared dividend every year.

It will be credited into your ASB passbook.

Yes, money make money

Is it true that only maybank offer Islamic loan for ASB, other than that is conventional loan?

[quotebursalchemy,Dec 21 2011, 10:44 PM]
what are the benefit taking ASB islamic loan?

[/quote]

For me shariah compliance.

[quote=bursalchemy,Dec 22 2011, 11:14 PM]
For me shariah compliance.

[/quote]
thats mean muslim cannot take conventional loan? must take islamic bank loan for shariah complaince?

[/quote]

For me, in order for them to be shariah compliance, the answer is YES!

Muslim should TRY to be the best in meeting the Islamic rules but in my humble opinion, it can be done slowly but consistently.

For example, you have conventional housing loan and it is troublesome to cancel it and lead you to greater loss. So you may hold it and pray to God to forgive you.

I know that conventional loan give a better rate compared to Islamic but I think, in Islam, great return in term of monetary is not main target but to follow the God rules is the one.

Yes and I do notice some state give declaration that ASB is HARAM but some state and national fatwa declare it as HARUS. To non-Muslim, this is not inconsistency, but there is a clear reason why it is happen.

Pls, no offence to Muslim who take conventional loan. Feel free to disagree.

We should discuss it on RWI then.

This post has been edited by OneBuck: Dec 23 2011, 10:15 AM