Islamic Bank of Britain PLC
Phone: +44 (0)845 6060 786
Fax: +44 (0)121 452 7205
Email:
Our Sharia compliant 1 Year Fixed Term Deposit Saving Accounts is designed to give you the highest expected profit on your savings over a fixed period of time.
The 120 Day Notice Account is a Sharia compliant account, available to anyone over the age of 16. Once the account is open, it offers you the flexibility to make ongoing deposits of any amount, however small.
Our Sharia compliant 18 month Fixed Term Deposit Saving Account is designed to give you a higher rate of expected profit on your savings over a fixed period of time.
-Our Sharia compliant 2 Year Fixed Term Deposit Saving Accounts is designed to give you the highest expected profit on your savings over a fixed period of time.
-If you wish to save for the future, our 2 Year Fixed Term Deposit Account gives you the option of reinvesting your profit and watching your money grow, ...
The 60 Day Notice Account is available to anyone over the age of 16 and you can save any amount however small subject to a minimum opening balance of £250.
These Sharia compliant savings accounts give you access to your money whenever you need it. We offer an On Demand Savings Account which you can use by post, online, by phone or through one of our branches. Alternatively for a higher expected profit rate, the Direct Savings Account offers access online or by post only.
We use the Islamic principle of qard for our current accounts. A qard is an ethical loan, free of any benefit. In essence, it means that your current account is a loan to the bank, which is used by the bank for investment and other purposes.
Obviously it has to be paid back to you, in full, on demand. It allows you...
These Sharia compliant savings accounts pay a higher rate of profit than our instant access savings accounts; however, you need to provide a certain period of notice to get access to your money. We offer 60 Day and 120 Day notice accounts as well as a Young Person’s Notice Savings Account for the under-16s.
You c...
To open a Wakala Treasury Deposit account you will need to have opened an Islamic Bank of Britain current or savings account with us. If you do not have a current account or savings account.
Our Young Person's accounts are Sharia compliant allowing you to profit from your savings and stay true to your faith.
