In North America, a bad credit score can result in great difficulties. It may negatively …
Tag:
credit
-
-
Banking and InterestIslamic Finance
Flex Buy (Best Buy Canada) credit facility. Is it same as the Brick Card?
by Mufti Faisalby Mufti Faisal 6 minutes readIn principle, Flex Buy (Best Buy Card) is a similar financial instrument to The Brick …
-
Banking and InterestIslamic Finance
“Brick Card Platinum” with 18 months interest free credit.
by Mufti Faisalby Mufti Faisal 3 minutes readAfter having a look at the credit card in question, it seems that its structure …
-
Islamic Finance
Does Islam permit sales which are structured on credit paid in instalments?
by Mufti Faisalby Mufti Faisal 2 minutes readEssentially a deal may be structured in three ways. a. Cash Transaction b. Credit Transaction …
-
Islamic Finance
I want to make a sale at cash $2000 but the buyer says that he will pay credit after 2 months. If I ask him to pay 2200 will it be counted as interest(riba)?
by Mufti Faisalby Mufti Faisal 4 minutes readIf you have already struck the deal with the brother at $2000 and thereafter at …