☪️ إسلامي
Murabaha vs Conventional Loan — The Real Numbers
The Common Misconception
Many avoid Islamic banks believing they are more expensive. This belief is inaccurate in most cases — the numbers prove it.
What Is Murabaha?
An Islamic contract where the bank buys the asset then sells it at a known profit margin — fixed and never changes. No compound interest.
Key Difference: In conventional loans you pay compound interest. In Murabaha you pay a fixed known margin from the start.
Example — Car Worth 100,000
- Murabaha 20%: Pay 120,000 total — 2,500 per month
- Conventional APR 6%: Pay 112,704 total — 2,348 per month
In this example the conventional loan is cheaper. But find a Murabaha at 12% — and it becomes cheaper by thousands.
Conclusion
Always compare actual numbers not assumptions. Kashf calculates the true difference in seconds.