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How Islamic banks are offering home renovation facilities?

by saying hi


What is service Ijarah in Islamic banking?

islamic banks hire the services to a client, for example a student having this financing /hiring this facility from the bank to join courses at the university.


I have just moved to Dubai and in search of a bank that can give me good investment options along with loan facility. Please suggest?

There are many good Islamic banks UAE. You could open an account in any of them.


How many Islamic banks are there worldwide?

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Which banks use Islamic principles in Pakistan?

bank Al-Islamic is only who give services according to Islamic principles.


What is Islamic bank of Bangladesh?

Banks are banks. By prefixing 'Islamic' before a donkey does not make it Halal, similarly Usury is never 'slamic'. Anyhow, it is a bank operating in Bangla Desh.


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How do banks profit from Islamic finance?

Islamic banks profit differs from most other countries. It is illegal for an Islamic bank to charge interest on a loan. A loan can only be for the value of the item. The person receiving the loan however, will pay an extra amount which is considered a gratuity.


How many scheduled commercial banks in Bangladesh?

Total number of private commercial banks is 36 including 8 Islamic commercial banks. And there are 9 foreign commercial banks in Bangladesh.


What does to complete a credit facility means?

What does to complete a credit facility means?" Answer: Credit facility means a facility for an individual or a group to fulfill his house hold, individual, basic, business requirements. Banks & DFIs are currently providing this facility to individual or group, where banks or DFIs provide credit on monthly basis repayment procedure inluding interest & service charges. This facility helps individual or group to fulfill them urgent requirements in a short time of period.


What has the author Fuad Al-Omar written?

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Is there an African banking model like the Islamic banking?

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