Tag Archive: islamic banking

How Does An Islamic Personal Loan Work?

By January 26, 2016 8:07 am

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’ve got you covered with the facts you need to know to help you understand Islamic personal loans to broaden your financial options!

What Is Zakat?

By December 1, 2015 3:09 am

Earlier this month, the chief of Federal Territories Zakat Council stated that it is sinful to pay zakat directly to the poor instead of handing it to Zakat collection centers.

Differences Between Syariah and Conventional Financing

By November 20, 2014 6:31 pm

Consumers of financial products in Malaysia now have more loan options, thanks to syariah financing. Syariah financing, like conventional financing, is available for anyone in need of additional funds for consumption goods or capital. And almost all large banks now offer syariah financing, so consumers don’t have to worry about the level of professionalism in […]