{"id":18547,"date":"2019-03-10T20:00:00","date_gmt":"2019-03-10T12:00:00","guid":{"rendered":"https:\/\/www.comparehero.my\/blog\/uncategorized\/basic-islamic-banking.html"},"modified":"2026-03-27T13:03:05","modified_gmt":"2026-03-27T05:03:05","slug":"basic-islamic-banking","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html","title":{"rendered":"The Basic of Islamic Banking"},"content":{"rendered":"\n<p style=\"text-align: justify;\">Islamic banking which is also known as \u201cSharia compliant finance\u201d, meaning banking activity that is consistent with the principles of Sharia- the moral code and religious law of Islam. \n <!--more--><\/p> \n<p style=\"text-align: justify;\">Islamic banking has the same purpose as conventional banking- making money by lending out capital, while following the rules of Shariah. In order to be Islamic, the banking system has to avoid interest and its operations cannot involve elements which are not approved by the religious laws of Islam.<\/p> \n<h2><strong>Islamic Banking Principles <\/strong><\/h2> \n<p style=\"text-align: justify;\">The basic principle of Islamic banking is based on risk-sharing. This is viewed as a component of trade as opposed to a risk-transfer which is how conventional banking is regarded. Sharia forbids the fixed or floating payment or acceptance of specific interest rates or fees known as <em>Riba<\/em>.<\/p> \n<p style=\"text-align: justify;\">Simply put, payment of charges for the renting of money is prohibited under Sharia. Further, there should be an avoidance of;<\/p> \n<ul> \n <li>Speculation &#8211; <em>Gharar<\/em><\/li> \n <li>Avoidance of oppression &#8211; <em>Zulm<\/em><\/li> \n <li>Discouragement of the production of goods and services that contradicts&nbsp;the Islamic principles &#8211; <em>Haram<\/em><\/li> \n<\/ul> \n<h2><strong>Common Shariah concepts used in Islamic Banking<\/strong><\/h2> \n<p>We shall now define a few of the Islamic banking terms that people- associated with it and not-will hopefully now be able to grasp a greater understanding of the topic and type of banking.<\/p> \n<ul> \n <li><i>Mudharabah<\/i><i> <\/i>involves the relationship between an investor and the entrepreneur. Profits between the two parties will be shared according to an agreed percentage while losses are all exclusively taken on by the investor.<\/li> \n <li><i>Musyarakah<\/i><i> <\/i>is practical for business partnerships where profits are shared on an agreed ratio while losses are divided based on the equity participation ratio.<\/li> \n <li><i>Murabahah<\/i><i> <\/i>means that the purchase, selling price as well as profit margin and other costs must be clearly stated at the time and place of the transaction arrangement.<\/li> \n <li><i>Wadiah <\/i>permits the secured looking after of the customers deposits in the bank with a guaranteed reimbursement when the depositor requires it.<\/li> \n <li><i>Wakalah <\/i>is when a person employs someone else to complete transactions on their behalf.<\/li> \n <li><i>Hibah <\/i>is a token that is given voluntarily in return for a loan given or due to some benefit that was obtained.<i>&nbsp;<\/i><\/li> \n<\/ul> \n<p>We hope that this basic guide to Islamic banking will shed some light on this topic. You can read more in-depth articles and guides on Comparehero\u2019s blog!<\/p> \n<p>See also: <a href=\"https:\/\/www.comparehero.my\/blog\/guide-islamic-credit-cards\">Your Guide To Islamic Credit Cards<\/a><\/p> \n<table> \n <tbody> \n  <!--Headlines of rows--> \n  <tr> \n   <td style=\"background-color: #ffffff; text-align: center; vertical-align: middle; color: white; width: 150px;\"><span style=\"color: #000000;\"><a href=\"https:\/\/i0.wp.com\/f.hubspotusercontent-eu1.net\/hubfs\/25174313\/Imported_Blog_Media\/hsbcvisasignature-Mar-28-2022-01-30-38-53-PM.png?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-20992\" src=\"https:\/\/i0.wp.com\/144634072.fs1.hubspotusercontent-eu1.net\/hubfs\/144634072\/assets_comparehero\/hsbcvisasignature-Mar-28-2022-01-30-38-53-PM.png?resize=114%2C72&#038;ssl=1\" width=\"114\" height=\"72\"><\/a><\/span><\/td> \n   <td style=\"background-color: #ffffff; text-align: center; vertical-align: middle; color: white; width: 100px;\"> \n    <ul> \n     <li><\/li> \n     <li><span style=\"color: #000000;\"><strong>Annual Fee RM 600<br> 8X Reward Points for Overseas &amp; Online Spend<\/strong><\/span><\/li> \n    <\/ul> <\/td> \n   <td style=\"background-color: #ffffff; text-align: center; vertical-align: middle; color: white; width: 150px;\"><a href=\"https:\/\/www.comparehero.my\/credit-card\/hsbc\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-20629\" src=\"https:\/\/i0.wp.com\/144634072.fs1.hubspotusercontent-eu1.net\/hubfs\/144634072\/assets_comparehero\/CTA-apply-now-Mar-28-2022-01-32-39-14-PM.jpg?resize=133%2C28&#038;ssl=1\" alt=\"cta-apply-now\" width=\"133\" height=\"28\"><\/a><\/td> \n  <\/tr> \n <\/tbody> \n<\/table> \n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamic banking which is also known as \u201cSharia compliant finance\u201d, meaning banking activity that is consistent with the principles of Sharia- the moral code and religious law of Islam.<\/p>\n","protected":false},"author":268230141,"featured_media":60321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[419],"tags":[],"class_list":["post-18547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-explained"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Basic of Islamic Banking - CompareHero<\/title>\n<meta name=\"description\" content=\"Islamic banking which is also known as \u201cSharia compliant finance\u201d, meaning banking activity that is consistent with the principles of Sharia- the moral\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Basic of Islamic Banking - CompareHero\" \/>\n<meta property=\"og:description\" content=\"Islamic banking which is also known as \u201cSharia compliant finance\u201d, meaning banking activity that is consistent with the principles of Sharia- the moral\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html\" \/>\n<meta property=\"og:site_name\" content=\"CompareHero\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CompareHero.my\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-10T12:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-27T05:03:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/03\/banking.png?fit=1024%2C768&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"CompareHero\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CompareHero\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html\"},\"author\":{\"name\":\"CompareHero\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#\\\/schema\\\/person\\\/77b02f49f8e76551ac6a7f3d7eb59611\"},\"headline\":\"The Basic of Islamic Banking\",\"datePublished\":\"2019-03-10T12:00:00+00:00\",\"dateModified\":\"2026-03-27T05:03:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html\"},\"wordCount\":411,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/banking.png\",\"articleSection\":[\"Finance Explained\"],\"inLanguage\":\"en-MY\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html\",\"name\":\"The Basic of Islamic Banking - CompareHero\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/banking.png\",\"datePublished\":\"2019-03-10T12:00:00+00:00\",\"dateModified\":\"2026-03-27T05:03:05+00:00\",\"description\":\"Islamic banking which is also known as \u201cSharia compliant finance\u201d, meaning banking activity that is consistent with the principles of Sharia- the moral\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html#breadcrumb\"},\"inLanguage\":\"en-MY\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-MY\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html#primaryimage\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/banking.png\",\"contentUrl\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/banking.png\",\"width\":1024,\"height\":768},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\\\/basic-islamic-banking.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Finance Explained\",\"item\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/finance-explained\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"The Basic of Islamic Banking\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/\",\"name\":\"CompareHero\",\"description\":\"Providing the best tips and tricks about Malaysia\u2019s financial\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-MY\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#organization\",\"name\":\"Jirnexu Sdn Bhd\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-MY\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/comparehero_logo.png\",\"contentUrl\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/comparehero_logo.png\",\"width\":1889,\"height\":338,\"caption\":\"Jirnexu Sdn Bhd\"},\"image\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/CompareHero.my\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#\\\/schema\\\/person\\\/77b02f49f8e76551ac6a7f3d7eb59611\",\"name\":\"CompareHero\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Basic of Islamic Banking - CompareHero","description":"Islamic banking which is also known as \u201cSharia compliant finance\u201d, meaning banking activity that is consistent with the principles of Sharia- the moral","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html","og_locale":"en_US","og_type":"article","og_title":"The Basic of Islamic Banking - CompareHero","og_description":"Islamic banking which is also known as \u201cSharia compliant finance\u201d, meaning banking activity that is consistent with the principles of Sharia- the moral","og_url":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html","og_site_name":"CompareHero","article_publisher":"https:\/\/www.facebook.com\/CompareHero.my\/","article_published_time":"2019-03-10T12:00:00+00:00","article_modified_time":"2026-03-27T05:03:05+00:00","og_image":[{"width":1024,"height":768,"url":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/03\/banking.png?fit=1024%2C768&ssl=1","type":"image\/png"}],"author":"CompareHero","twitter_card":"summary_large_image","twitter_misc":{"Written by":"CompareHero","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html#article","isPartOf":{"@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html"},"author":{"name":"CompareHero","@id":"https:\/\/www.comparehero.my\/blog\/#\/schema\/person\/77b02f49f8e76551ac6a7f3d7eb59611"},"headline":"The Basic of Islamic Banking","datePublished":"2019-03-10T12:00:00+00:00","dateModified":"2026-03-27T05:03:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html"},"wordCount":411,"commentCount":0,"publisher":{"@id":"https:\/\/www.comparehero.my\/blog\/#organization"},"image":{"@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html#primaryimage"},"thumbnailUrl":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2019\/03\/banking.png","articleSection":["Finance Explained"],"inLanguage":"en-MY","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html","url":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html","name":"The Basic of Islamic Banking - CompareHero","isPartOf":{"@id":"https:\/\/www.comparehero.my\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html#primaryimage"},"image":{"@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html#primaryimage"},"thumbnailUrl":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2019\/03\/banking.png","datePublished":"2019-03-10T12:00:00+00:00","dateModified":"2026-03-27T05:03:05+00:00","description":"Islamic banking which is also known as \u201cSharia compliant finance\u201d, meaning banking activity that is consistent with the principles of Sharia- the moral","breadcrumb":{"@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html#breadcrumb"},"inLanguage":"en-MY","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html"]}]},{"@type":"ImageObject","inLanguage":"en-MY","@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html#primaryimage","url":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2019\/03\/banking.png","contentUrl":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2019\/03\/banking.png","width":1024,"height":768},{"@type":"BreadcrumbList","@id":"https:\/\/www.comparehero.my\/blog\/finance-explained\/basic-islamic-banking.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.comparehero.my\/blog\/"},{"@type":"ListItem","position":2,"name":"Finance Explained","item":"https:\/\/www.comparehero.my\/blog\/finance-explained"},{"@type":"ListItem","position":3,"name":"The Basic of Islamic Banking"}]},{"@type":"WebSite","@id":"https:\/\/www.comparehero.my\/blog\/#website","url":"https:\/\/www.comparehero.my\/blog\/","name":"CompareHero","description":"Providing the best tips and tricks about Malaysia\u2019s financial","publisher":{"@id":"https:\/\/www.comparehero.my\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.comparehero.my\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-MY"},{"@type":"Organization","@id":"https:\/\/www.comparehero.my\/blog\/#organization","name":"Jirnexu Sdn Bhd","url":"https:\/\/www.comparehero.my\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-MY","@id":"https:\/\/www.comparehero.my\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2026\/02\/comparehero_logo.png","contentUrl":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2026\/02\/comparehero_logo.png","width":1889,"height":338,"caption":"Jirnexu Sdn Bhd"},"image":{"@id":"https:\/\/www.comparehero.my\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/CompareHero.my\/"]},{"@type":"Person","@id":"https:\/\/www.comparehero.my\/blog\/#\/schema\/person\/77b02f49f8e76551ac6a7f3d7eb59611","name":"CompareHero"}]}},"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbC5we-4P9","jetpack-related-posts":[{"id":4403,"url":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance\/islamic-personal-financing-explained-2.html","url_meta":{"origin":18547,"position":0},"title":"How Does An Islamic Personal Loan Work?","author":"CompareHero","date":"26 January 2016","format":false,"excerpt":"Many have wondered how a personal loan from an Islamic bank differs from a conventional bank. You won't have to after today, because we\u2019ve got you covered with the facts you need to know to help you understand Islamic personal loans to broaden your financial options! Basics of Islamic Banking\u2026","rel":"","context":"In &quot;Lifestyle Finance&quot;","block_context":{"text":"Lifestyle Finance","link":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2016\/01\/loan-money-stacking.png?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2016\/01\/loan-money-stacking.png?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2016\/01\/loan-money-stacking.png?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2016\/01\/loan-money-stacking.png?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18146,"url":"https:\/\/www.comparehero.my\/blog\/savings-accounts\/best-savings-account-malaysia.html","url_meta":{"origin":18547,"position":1},"title":"High Interest Rates Savings Accounts From Malaysian Banks","author":"CompareHero","date":"18 August 2019","format":false,"excerpt":"If you have been keeping track of the many savings tips and habits that we have recommended in previous articles, you could be accumulating some savings by now. To really make the most of your extra capital, you want to get the highest return possible. You can either choose to\u2026","rel":"","context":"In &quot;Savings Accounts&quot;","block_context":{"text":"Savings Accounts","link":"https:\/\/www.comparehero.my\/blog\/savings-accounts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/08\/interest-rates.png?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/08\/interest-rates.png?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/08\/interest-rates.png?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/08\/interest-rates.png?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":17845,"url":"https:\/\/www.comparehero.my\/blog\/loans\/guide-islamic-financing-malaysia.html","url_meta":{"origin":18547,"position":2},"title":"A Guide on Islamic Personal Loans","author":"CompareHero","date":"15 January 2020","format":false,"excerpt":"What Is Islamic Banking? Islamic personal loans are a part of Islamic finance, and personal loans from Islamic banks in Malaysia are more widely known as personal Islamic financing. Islamic banking adheres to Shariah, which is the Islamic religious law as defined in the Quran, hadith and sunnah. The difference\u2026","rel":"","context":"In &quot;Loans&quot;","block_context":{"text":"Loans","link":"https:\/\/www.comparehero.my\/blog\/loans"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2020\/01\/image-10.png?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2020\/01\/image-10.png?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2020\/01\/image-10.png?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2020\/01\/image-10.png?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18039,"url":"https:\/\/www.comparehero.my\/blog\/finance-explained\/difference-between-profit-rate-and-interest-rate.html","url_meta":{"origin":18547,"position":3},"title":"Difference Between Profit Rate And Interest Rate","author":"CompareHero","date":"14 March 2021","format":false,"excerpt":"[no_toc] Do you know the differences between Islamic Finance and Conventional Finance? Some would probably simply say that Islamic Financing disallows interest-based transactions. Sounds easy to understand, right? But if interest rates are prohibited, then how does anyone gain from the initial investment. We'll cover the main differentiating factors between\u2026","rel":"","context":"In &quot;Finance Explained&quot;","block_context":{"text":"Finance Explained","link":"https:\/\/www.comparehero.my\/blog\/finance-explained"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/difference-between-profit-rate-and-interest-rate.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/difference-between-profit-rate-and-interest-rate.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/difference-between-profit-rate-and-interest-rate.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/difference-between-profit-rate-and-interest-rate.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/difference-between-profit-rate-and-interest-rate.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":18755,"url":"https:\/\/www.comparehero.my\/blog\/credit-cards\/guide-islamic-credit-cards.html","url_meta":{"origin":18547,"position":4},"title":"Your Guide To Islamic Credit Cards","author":"CompareHero","date":"30 October 2019","format":false,"excerpt":"What are Islamic credit cards? Islamic credit cards are Shariah compliant financial products which are a part of Islamic banking. An Islamic credit card offers perks and features similar to a conventional credit card such as cashback, rewards, airmiles and more. Aside from that, there are extra benefits to Islamic\u2026","rel":"","context":"In &quot;Credit Cards&quot;","block_context":{"text":"Credit Cards","link":"https:\/\/www.comparehero.my\/blog\/credit-cards"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/10\/image-9.png?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/10\/image-9.png?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/10\/image-9.png?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/10\/image-9.png?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5154,"url":"https:\/\/www.comparehero.my\/blog\/credit-cards\/how-islamic-credit-card-works-2.html","url_meta":{"origin":18547,"position":5},"title":"How Islamic Credit Cards Work","author":"CompareHero","date":"4 March 2016","format":false,"excerpt":"Want to enjoy the convenience of a credit card facility that adheres to Islamic principles of financing? Or are you looking for an alternative form of financial option? Learn how an Islamic credit card works and find the best Islamic credit card to complement your lifestyle. An Islamic credit card\u2026","rel":"","context":"In &quot;Credit Cards&quot;","block_context":{"text":"Credit Cards","link":"https:\/\/www.comparehero.my\/blog\/credit-cards"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2016\/03\/credit-cards-remove-all-brands.png?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2016\/03\/credit-cards-remove-all-brands.png?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2016\/03\/credit-cards-remove-all-brands.png?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2016\/03\/credit-cards-remove-all-brands.png?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/03\/banking.png?fit=1024%2C768&ssl=1","_links":{"self":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/users\/268230141"}],"replies":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/comments?post=18547"}],"version-history":[{"count":1,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18547\/revisions"}],"predecessor-version":[{"id":58242,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18547\/revisions\/58242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/media\/60321"}],"wp:attachment":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/media?parent=18547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/categories?post=18547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/tags?post=18547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}