Cash loan and its types

January 2017 | 8 pages | ID: C9C974E8D36EN
Sadia Saeed

Abstracts

It is a kind of short term loan that is not secured and amount is to be paid back after a small time period. Cont... (1500 words of this report)

Contents

What is cash Loan?
What are types of cash Loan on the basis of Kuwait Market?
Maximum and minimum amount
Effective interest rate of loans in Kuwait?
What are the requirements for each type of loan?
Tawarruq
Unsecured loan
Pay day loan
Student loan
How often should payments occur annually?
What is conventional loan and Islamic loan? What is the difference in them?
What is amortization table?
Beginning balance
Schedule payment
Extra payment
Total payment
Principal
Interest
Ending balance
Cumulative interest
What is mathematical relation in above mentioned terms?
Explain amortization table with example?
Provide example of Kuwait banks that offer conventional loans?
What is difference in Murabaha and Tawarruq? Which one is cash loan?
What is difference in Tawarruq and Qard Hasan?
How Tawarruq is Islamic Finance but have a future and present value?
How payment table is calculated for Tawarruq?
Explain the process of Tawarruq properly?
Which banks in Kuwait offer Tawarruq?
What is “Qard Hassan” Loan?
Which loan is better Tawarruq or Conventional loan?