Islamic Loan with Lowest Rates

Mashreq Bank22 Sep, 2020Business

How you can plan an Islamic loan for business? It can be any type of investment like you may want to invest in your children’s higher education. But keep one thing in your mind that there are three main stages in your child's education, and the expenses at each stage need to be catered through a proper business. Find out the monthly income you have to pay for these purposes and you need to save to meet these expenses. When children move from primary school to secondary school, there is up to an 80% increase in education costs, so you have to move with that scale. Otherwise, it would not be possible to manage the higher education.