12-08-2005, 05:48 PM
I live in saudi arabia. some of banks here are issuing islamic credit cards and loans. I am not convinced so far about the legitimacy of these cards & loans therefore i want to raise this question here to figure out if transaction done by these procedures are really islamic or not.
down are some links to borrowing procedures
http//www.alahli.com/pb/borrowing/tayseer.jsp
http//www.anb.com.sa/almubarak_card.asp
http//www.anb.com.sa/loan_mubarak.asp
http//www.anb.com.sa/loan_tawaruq.asp
http//www.alahli.com/pb/borrowing/yatiek.htm
http//www.alahli.com/pb/borrowing/murabaha.jsp
Can anyone have a look on these links and give your openion
Jaza'k Allah
down are some links to borrowing procedures
http//www.alahli.com/pb/borrowing/tayseer.jsp
http//www.anb.com.sa/almubarak_card.asp
http//www.anb.com.sa/loan_mubarak.asp
http//www.anb.com.sa/loan_tawaruq.asp
http//www.alahli.com/pb/borrowing/yatiek.htm
http//www.alahli.com/pb/borrowing/murabaha.jsp
Can anyone have a look on these links and give your openion
Jaza'k Allah