WorksheetsQNA GROUP 4
Total questions: 10
Worksheet time: 6mins
What are the topic that we present just now?
RISK OF PERSONAL FINANCING BANK RAKYAT VS BANK ISLAM
RISK OF HOME FINANCING BANK RAKYAT VS BANK ISLAM
How many risks that we discuss through the presentation?
2
4
5
3
Bank Islam offers a lower profit rates for Personal Financing-i compared to Bank Rakyat
TRUE
FALSE
What are the maximum loan tenure for BANK RAKYAT?
up to 10 years for public and private sectors
up to 10 years for public sector only
up to 11 years for public and private sectors
Longer repayment terms may result in cheaper monthly payments, but interest could accrue over time, increasing the overall payback amount.
TRUE
FALSE
What are some additional fees mentioned during the presentation that borrowers may incur when applying for a Personal Financing-i loan?
Wakalah and stamp duty fees
ATM and annual fees
Foreign transaction fee
According to the presentation, what is the percentage of the total financing that both Bank Rakyat and Bank Islam charge for stamp duty?
0.05%
0.5%
5%
Choose 2 types of rates used by both banks (Bank Islam and Bank Rakyat)
Floating Rate
Flat Rate
Tiered Rate
Prime Rate
What the differences of compensation charge (ta'widh) between Bank Rakyat and Bank Islam?
Using daily overnight Islamic Interbank Money Market (IIMM)
Post Judgement Debt Rate
1% p.a. on the oustanding balance
What are the correct 4 risks that we discuss throughout the presentation?
Debt Burden
Compensation Charge for late repayment (Ta'widh)
Contractual Terms
Higher Interest Rates
High Cost & Fees
