Question
) Determine a financing product for the house and why you choose that institution and its product? Plan how you want to finance the house.
- ) Determine a financing product for the house and why you choose that institution and its product? Plan how you want to finance the house. (10 Marks)
Choose a real home financing product from any Islamic financial institution/ bank. Type of rate use, borrowing period etc. Use table below to help you.
| Products | Profit Rate (%) | Borrowing Amount | Borrowing Period | Monthly Repayment |
| MBSB Bank Berhad Islamic Home Financing | 7.1% | RM450000 | Over 20 years | RM3515.91 |
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The Partnership And Alliances Audit
Authors: David Connell, Peter J. LaPlaca, Kenneth Wexler
1st Edition
1907766065, 978-1907766060
