Archive for the ‘islamic banking’ Category

UK Islamic Mortgages : Are the modes available “truly Islamic” and permissible?

Introduction   A critical study analysing the Islamic mortgages options available in the UK to determine   whether they are “truly Islamic” and permissible alternatives by assessing the avoidance of   Islamic prohibitions and the fulfilment of Islamic ideals.     One of the biggest financial investments […]

Share Button
Read more

Islamic Home finance: UK extends mortgage aid scheme

 Britain’s government sought to bolster London’s position as a centre for Islamic finance on Tuesday by extending its ‘Help to Buy’ mortgage scheme to loans that comply with Islamic law. Help to Buy was launched last year and offers banks insurance against the risk of lending to […]

Share Button
Read more

Help to Buy ‘Islamic’ mortgages

Help to Buy ‘Islamic’ mortgages Government’s Help to Buy scheme now available for Muslim borrowers who want a Shariah law compliant mortgage. HPPs split ownership of a property between the borrower and their bank, a financing arrangement that accords with Islamic law that prevents muslims from using […]

Share Button
Read more

Islamic Bank of Britain Welcomes Help to Buy: HPP guarantee scheme

Islamic Bank of Britain Welcomes Help to Buy: HPP guarantee scheme 11 February 2014 Press ReleasesHome Finance Islamic Bank of Britain plc (IBB, www.islamic-bank.com) the UK’s only wholly Sharia compliant retail bank, has been working with the UK Government on the development of a Help to Buy: […]

Share Button
Read more

UK: non-Muslims think Islamic finance applies to all faiths

UK: non-Muslims think Islamic finance applies to all faiths               by zawya.com   Source: zawya.com February 8, 2014 | Filed under: Featured,Finance,Lifestyle,News | Posted by: MV Media By: zawya.com Source: http://www.zawya.com/ Islamic Bank of Britain celebrates 10 year anniversary and reveals findings from UK’s first survey […]

Share Button
Read more

Islamic Bank of Britain plans expansion after it gets fresh capital from new owner.

Islamic Bank of Britain plans expansion after it gets fresh capital from new owner.   Islamic Bank of Britain (IBB), the country’s only sharia-compliant retail lender, has received a 75.8 million pound ($124 million) injection from its new Qatari owner to support the bank’s expansion plans. The […]

Share Button
Read more

British Muslim Awards 2014 presented by Islamic Bank of Britain

British Muslim Awards 2014 presented by Islamic Bank of Britain   7th February 2013 – Islamic Bank of Britain plc ( IBB , www.islamic-bank.com) the UK’s only wholly Sharia compliant retail bank, presented the British Muslim Awards 2014 at a ceremony held at the Salford City Stadium, […]

Share Button
Read more

The Islamic Home Finance (Islamic Mortgage) Guide

1st Ethical Charitable trust guide to Islamic Finance http://www.1stethical.com/wp-content/uploads/2012/01/IF-Guide-V1-pdf.pdf   The 1st Ethical Charitable Trust Guide To: Isalmic Finance Islamic Finance Explained 3 Ever since the demise of the great Muslim empires, and the subsequent dominance of Western ideas and policies, Muslims have continually strived to resurrect […]

Share Button
Read more

Islamic Finance and Islamic Mortgage News

Islamic Finance and Islamic Mortgage News The government has announced plans for Britain to issue a £200m Islamic Bond in a bid to attract new money to London. The bond will be aimed at institutions, but there are Islamic finance products available to regular savers, investors and […]

Share Button
Read more

The UK will become the first non-Muslim country to issue an Islamic bond.

Prime Minister David Cameron has announced that the UK will become the first non-Muslim country to issue an Islamic bond. At the World Islamic Economic Forum (WIEF) in London, he also announced plans for a new Islamic index on the London Stock Exchange. It is intended to […]

Share Button
Read more