Interests...
"""Forgive me for being dumb, but...
I thought it was against Islam or the Koran to charge interest??"""
So this is how it goes...
_"What's the interest rate?"
_"There's no interest rate sir, this is a PROFIT rate"
_"Ahhh, and what's the difference ?"
_"Well, we don't apply any interest but we charge a profit on your transaction"
_"Ahhh, so what's the difference ?"
_"Well, we will buy the goods under our name, apply a fee, then sell it back to you, you repay a fraction of it every month"
_"Ahhh"
If you dig more, they will try to make you understand that the profit rate is an administrative fee...