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Loans from Syariah Banks?

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AndiKhaerul View Drop Down

Joined: 26 April 2015
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    Posted: 26 April 2015 at 8:30am
Assalamu Alaikum.

This is my first post so please forgive me if I have posted in the wrong place. Also, please forgive me if this has been posted before and I missed it.

I have never dealt with Syariah Banks before but I would like to start. I plan on taking out a loan to start my own business, and I feel that going to a Syariah Bank is the best route. I understand that there's no interest rate on the loaned amount, but that's pretty much all I know about it.

My question is concerning the length of the contract between the investor and the bank. Is there a predetermined length where the profits are divided between the bank and myself, or is it safe to assume that the contract will continue as long as the business I make operates or until any party violates the terms of the contract?

Thank you, brothers and sisters. Wassalam.
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icforumadmin View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote icforumadmin Quote  Post ReplyReply Direct Link To This Post Posted: 21 November 2017 at 8:53pm
Hereare some of them:

Bank of Wittier

Edited by icforumadmin - 21 November 2017 at 8:55pm
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