What is Islamic Finance? Islamic Finance has been gaining prominence around the world specifically in Malaysia and GCC countries in the recent years. Although Islamic Finance in as old as Islam...
Category: Mr. Money
February 1st is 'World Change your Password' day. Although we sideline this very important issue, with increased online activities and personal data, the threat of identity theft looms very high....
Personal Loan in UAE Personal Loan is a loan which is borrowed on personal lines of the individual borrower and the borrower receives a lump sum amount of money at the start of the loan. There is no...
Types of loans In my previous article I covered 'what is a Loan?’ In this article I will cover the types of loans that are predominant in the UAE market. Open and close ended Loans Open ended...
What is a loan? or what is credit? Prior to knowing what a loan is, it is better to know that there are 2 parties to a loan transaction: 1. Lender and 2. Borrower. Lender is the one who lends money...
Banks in Dubai Most of us know that there are more than 50 banks in Dubai and the entire UAE. But can you name all of them? We would be able to pin-point the top banks. But for knowledge sake, at...