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Showing posts from December, 2019

What’s your Understanding of an Islamic Mortgage

You have heard a lot about the banking sector in the UAE and their professional services being provided to high net worth individuals. Today we will discuss something related to different loan packages being provided by Dubai banks. There are different types of loans including investment loans, business loans, personal loans, home loans, and mortgage loans. Whatever, it has become a need of the day to seek out the future planning’s to handle financial matters. For this purpose, the best place in Dubai is the banking sector. If I say it is very necessary for locals as well as for expatriates to approach a bank for a specific loan, it would not be wrong.  Things were pretty hectic and boring in the past to handle banking services but now the situation is completely different. The involvement of the internet and fast-growing technological equipment has shifted the paradigm completely to avail the services of a bank in the form of e-banking options.  There is a similar ca...

Few Questions About Credit Card in the UAE

To manage your accounts and other related items, a credit card is the best thing to handle your expenses at the very next moment by simplifying the things without any stress. There is a lot of material available on different sites regarding the best credit card in Dubai or benefits being offered by top banks working in that region. Here I will explain the few important points that are much needed to be cleared before using such kinds of services from a bank. If you want to have the best credit card first ask your branch manager the following things.  What is Transaction Categorization?  Let me explain to you the initial idea to solve this term. Banks in UAE offer credit card services to customers through specific categories belong to the types of expenses you want to track. This is a two-way process in which you can take the auto-generated categories from the bank according to your own requirement or have an option to create your own for things you use frequently. Mo...