Islamic Banks are using Conventional KIBOR Rate. 😱

[@binumair]

Good info

[@LeakLab-u8c]

Good job

[@syedsohailali2917]

Very nice message for everyone

[@FaizanRaza110]

Terminologies change karne se haqiqat nhi badalti bhai. haqiqat haqiqat rehti hay.

[@Amjadjaved]

Great brother

[@ViralTrendsWithMYS]

kibor is applied when banks internally borrow or lend the money or from state bank..n thats what the reason the conventional banks sale their products on the rate higher than the kibor.means kibor plus banks self interest rate.. if we accept your perspective..whatv makes islamic banks compelled to launch their product on kibor plus rate..as they dont bear any cost of kibor they should not chaarge it from the consumer..your point makes no sense..you did not clear for what purpose Islamic bank makes the kibor as a bench mark?for what?

[@FaizanRaza110]

yes Terminologies change karne se haqiqat nhi badalti

[@ViralTrendsWithMYS]

دوسری بات یہ ک اپکی اپنی ذاتی حیثیت کیا ھ۔بینکنگ ک سیکٹر کو اپ کتنا جانتے ھیں?اپجے مفتی تقی صاحب نے تو ایک بار بھی یہ بنیاد نھ بتای