Al Rayan Bank

​​Al Rayan Bank is the first stand-alone, Sharia compliant, retail bank in the UK to be authorised by the FCA. Their aim is to provide a friendly, inclusive and personal service for all of their customers. Islam forbids Muslims from paying interest on their mortgages which is why their Home Purchase Plan (HPP) products appeal directly to them. Al Rayan Bank also welcome non-Muslim customers who want an alternative to a conventional mortgage.

Procuration Tables

Gross fee paid by lenderProcuration fee to intermediary

Residential               0.35%
BTL                            0.50% ​(limited offer)

  All information correct as at 01/07/2015

Residential              0.33%
BTL                           0.45% (limited offer)

  All information correct as at 01/07​/2015

Overview

Established in 2004 as the UK’s first wholly Sharia compliant retail bank,
​Al Rayan has pioneered Islamic banking in the UK for a decade.

By solely focusing on banking activities which are compliant with Islamic law, Al Rayan Bank has been able to make a significant and lasting difference to Muslims throughout the UK, helping them to save for their families’ futures, expand their businesses or buy their own homes, without compromising their beliefs.

With a strategically located branch and agency network, a highly trained contact centre, secure online banking services and 24 hour automated telephone banking, Al Rayan Bank provides S​haria compliant savings, finance and current account services to over 50,000 personal, business and premier customers throughout the UK.

Downloads

Al Rayan Bank introducer agreement
Al Rayan Bank broker registration​​

Address

Edgbaston House
3 Duchess Place, Hagley Road
Birmingham
B16 8NH​

For enquiries

Call:

0121 456 7842

Email:

sagheer.malik@alrayanbank.com

Registration process

Visit:

www.alrayanbank.com