i wished to follow the shariath laws and what islam says. But, islamic banks only allows govt or semi govt employee can get a loan with another govt/semi govt employee as a guarantor.
But the non-islamic banks have no restrictions whether your company is approved or not, they only need salary letter, bank transfer.
Both are saying flat EMIs. CBQ says 5.99% interest and 2.12% (or close to it) as there management fees/processing fees. Doha bank is bit better than all of these. there EMI is far low as what i received.
Anyhow, if there is an option to opt a bank apart from islamic banks, which will you choose? and why?
i wished to follow the shariath laws and what islam says. But, islamic banks only allows govt or semi govt employee can get a loan with another govt/semi govt employee as a guarantor.
But the non-islamic banks have no restrictions whether your company is approved or not, they only need salary letter, bank transfer.
Both are saying flat EMIs. CBQ says 5.99% interest and 2.12% (or close to it) as there management fees/processing fees. Doha bank is bit better than all of these. there EMI is far low as what i received.
Anyhow, if there is an option to opt a bank apart from islamic banks, which will you choose? and why?