When it comes to Islamic Personal Loans, many people have wondered how different it is from the conventional type of personal loans. Check out below to learn more about how an Islamic Personal Loan works in Malaysia. Basics of Islamic Banking As a banking system that strictly adheres itself to Syariah principles, an Islamic religious law that is found in Quaran, Hadith and Sunnah, Islamic Banking system differs itself from the conventional system by not loaning any money to the customer. Instead, the bank will buy the items for the customers and then sell it back to them at
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