Determine a financing product for the house and why you choose that institution and its product. Plan
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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.
Choose a real home financing product from any Islamic financial institution/ bank. Type of rate use, borrowing period, etc. Use the 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 |
Related Book For
Small Business Management Entrepreneurship and Beyond
ISBN: 978-0538453141
5th edition
Authors: Timothy s. Hatten
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