Hamid,
What would you envisage a loan calculator for a zero interest loan providing?
How would you envisage such a calculator
dealing with the five loan types often encountered in Islamic finance e.g.
Murabaha
Mudarabah
Ijara
Musharaka
Wakala.
As far as I can see these are all dealt with by
On چهارشنبه ۱۲ دسامبر ۲۰۱۸ ۱۷:۳۱:۲۱ (+0330) Christopher Lam wrote:
Many on the list are mentioning that the scenario is possible but simply not
provisioned in the part that does it automatically which here it is the
calculator. The stress so far evident in discussions causes one to question if
On 12/11/2018 11:07 PM, Hamidreza Jafari wrote:
I didn't follow Michael D Novack. Though I can clarify on some issues that
were mentioned.
Hamid
Sorry about that. I was not expecting many on this list to understand,
but there can be MORE differences between Western Civ "interest" loans
and no
Reply for qu.2 below
On Mon, 10 Dec 2018 at 11:16, Hamidreza Jafari
wrote:
> 2 - There are some parts of the application which I find contrary to what
> is a
> major belief. That of interest. Can the application handle interest-free
> AKA
> zero interest loans and mortgages?
>
Of course
Hi
I am not an original developer on this loan assistant.
However I think that the original loan druid was designed to
calculate/estimate the loan repayment amounts, assuming a conventional
loan, with a non-zero interest rate.
If the interest rate was zero, there would be little need for a loan
