If two Islamic offers have the same installment plan, how do I choose between them?

Break the tie with five key points: total payment, down payment, fees and insurance, early repayment terms, and what happens if you're late.

Steps

1. Then look at the terms themselves, asset ownership, and service quality.

2. The same payment might mask a significant difference in duration, cost, or exit flexibility.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

Source

• AAOIFI — Sharia Standards

• Central Bank of Egypt — Know Your Rights