Latest list for Base Lending Rate ( BLR ) in Malaysia. October 2010

Last updated: 01/10/2010

Popularity: 25% [?]

Bank Rakyat Personal loan process is so “SIMPLE“ nowadays, no need to go to bank. Now banks come to its potential customers. You can  fax in your details or just let Bank Rakyat dispatch collect it.

Jimat Masa, Jimat Tenaga dan Jimat Duit Minyak dan Tol

I would prefer the use would be to clear credit card balance with it’s lowest interest rate at 3.5%.

Here are the details:

• Lowest Interest Rate of 3.5%
• Up to RM 150,000
• Up to 15 year term
• No Guarantor (tanpa penjamin)
• 24hours approval ( belum cuba belum tahu )

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Popularity: 100% [?]

Introduction
This list contains glossary of Mu’amalat terminologies which are most frequently and commonly used in the Islamic banking business.

Bai’ Urbun | Bai’ Bithaman ‘Ajil | Bai’ Murabahah | Bai’ Inah | Bai’ Dayn
Bai’ Istijrar | Bai’ Istisna’ | Bai’ Muzayadah | Bai’ Salam | Bai’ Wafa’
Batil | Darurah | Dhamanah | Fasid | Fatwa | Gharar | Ghish | Hadith | Halal
Haram | Haq Maliy | Hibah | Hiwalah | Ibra’ | Ijarah | Ijarah Thumma Bai’
Ijtihad | Syirkah ‘Inan | Jahl | Jua’lah | Kafalah | Khiyanah | Maisir | Mal
Muamalat | Mudarib | Mudharabah | Muqasah | Musaqah | Musawamah
Musharakah | Musharakah Mutanaqisah | Muzara’ah | Qabadh | Qardh
Qardh Hasan | Quran | Rabbul Mal | Rahnu | Riba | Sadaqah | Sarf | Shariah
Suftajah | Sukuk | Sunnah | Ta’widh | Tadlis al-‘aib | | Takaful | Tanajush
Tawarruq | Ujrah | ‘Uqud Ishtirak | ‘Uqud Mua’wadat | ‘Uqud Tabarru’at
Usul Fiqh | Wadī’ah | Wakalah | Waqf | Zakat

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Popularity: 29% [?]

Hire Purchase or Loan

There is a lot of difference when you choose to buy something with the help of a loan and when you do it on hire purchase basis. In the former case, the ownership passes to you but in the later case you are just in possession and not a legal owner. It means that a person who has bought a car on hire purchase cannot sell it. Simple enough, he is not an owner of the car and, therefore, he has no such right.

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Popularity: 28% [?]

Do you like to settle your housing loan faster by paying it with a 0% loan?

Well, you can do it by arbitraging the 0% credit card balance transfer. To be sure, there is a limitation on how this can be done, and most importantly, it must be done with utmost finance discipline and a meticulous transaction record keeping.

Here is how it can be done

First, you charge all your daily necessary living expenses, the must have, into your credit card. Take note on the word “daily necessary living expenses,” it means the essential expenses only, not self-indulgence shopping spree. You than make a balance transfer – select only those with 0% interest.

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Popularity: 24% [?]

A list of financial products from Commercial Banks, Islamic Bank, Development Financial Institutions and others related.

Commercial Banks

Affin Bank Berhad

• Affin Contract Financing
• Al- Bai’ Bithaman Ajil – Fixed Asset Financing
• Enterprise Banking
• Islamic Banking Trade Finance Products
• Overdraft Against Fixed Deposit Receipts
• Small Medium Industry Loan Scheme (AFFINSPIKS)
• SME Schemes Promoted by Bank Negara Malaysia (BNM) / Credit Guarantee Corporation (CGC)
• Trade Finance Products

Alliance Bank Malaysia Berhad

• Alliance SME Loans
• Corporate & Commercial Financing: Term Financing-i & Leasing-i
• Credit Facilities for SMI/SME
• Islamic Trade Financing
• Leasing-i
• SME Schemes Promoted by Bank Negara Malaysia (BNM) / Credit Guarantee Corporation (CGC)
• Term Financing-i

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Popularity: 21% [?]