KNOWLEDGE BASE (3.5)

Installment Plan under Islamic Guidelines

Audio explanation on Islamic and Conventional Banking presented by

Sheikh Abdul Rehman

Audio file can be downloaded in mp3 format by clicking here:

* * * * *

Cash and Installment Plan

Question 1 by a Group Member:

There is an item available in market from various sources for PKR 500,000/- and someone want to buy it in installment, is it ok to sell the same item for PKR 700,000 under installment plan?

If the buyer unable to pay the installment as per agreement, what will be the penalty mechanism?

Questions and Answers session:

Note: All voice notes can be downloaded in mp3 file format

PART 1 - Participated by:

Sh. Abdul Rehman
Kamran Mahmood
Shani Shahid
Haroon Rashid

PART 3 - Participated by:

Sh. Abdul Rehman
Kamran Mahmood
Haroon Rashid

PART 5 - Participated by:

Sh. Abdul Rehman
Kamran Mahmood
Haroon Rashid

PART 7 - Participated by:

Sh. Abdul Rehman
Haroon Rashid

PART 2 - Participated by:

Sh. Abdul Rehman
Haroon Rashid

PART 4 - Participated by:

Sh. Abdul Rehman
Kamran Mahmood
Haroon Rashid

PART 6 - Participated by:

Sh. Abdul Rehman
Haroon Rashid

Question 2 by a Group Member:

If the Central Bank Interest rate is 0.25% & we receive back the loan then we will not be deprived as a borrower.

QA - Attended by Mr Kamran Mahmood, Haroon Rashid and Sh. Abdul Rehman

Questions and Answers session:

PART 8 - Participated by:

Kamran Mahmood
Haroon Rashid
Sh. Abdul Rehman

PART 9 - Participated by:

Sh. Abdul Rehman
Haroon Rashid

بِسْمِ ٱللّٰهِ ٱلرَّحْمٰنِ ٱلرَّحِيمِ‎

KNOWLEDGE BASE (3.5)

Installment Plan under Islamic Guidelines

Section added: March 25, 2022
Updated: May 06, 2022

KNOWLEDGE BASE (3.5)

Installment Plan under Islamic Guidelines

Section added: March 25, 2022 Updated: May 06, 2022

Section added: March 25, 2022
Updated: May 06, 2022