At Islamic Wealth Management, we introduce you to Al Rayan Bank to offer Sharia-compliant mortgages to a number of valued clients all across the UK.
At Islamic Wealth Management, we introduce clients to Al Rayan Bank who offer advice when it comes to choosing an Islamic Mortgage. Their Islamic mortgage specialists can offer you expert advice to help you find the right one for you personally.
Al Rayan Bank offer Sharia-compliant Islamic Mortgages to valued clients all across the UK. An Islamic Mortgage is an alternative to the conventional Western option, where as a purchaser, you borrow money from a lender and repay it with interest. With a Sharia-compliant Home Purchase Plan, you can be assured your mortgage is based upon the Islamic finance principles of a Co-ownership Agreement (Diminishing Musharaka) with leasing (Liara).
A Simple Islamic Mortgage Plan
An Islamic Mortgage is an alternative to the conventional Western option, where as a purchaser, you borrow money from a lender and repay it with interest. With a Sharia-compliant Home Purchase Plan, you can be assured your mortgage is based upon the Islamic finance principles of a Co-ownership Agreement (Diminishing Musharaka) with leasing (Liara).
Essentially, you pay two monthly payments to the bank – one is a rental payment, the other is to pay off the bank’s share of your home. Over time, you own more and more of your home until it’s totally yours, and you don’t pay or receive any interest (riba), which is forbidden under Sharia law. At Islamic Wealth Management, we introduce you to Al Rayan Bank to provide Sharia-compliant mortgages to a number of valued clients all across the UK.
“Islamic Wealth Management provided me with a bespoke service whilst adhering to my beliefs. I would strongly urge a discussion with them to consider guidance on financial matters such as pensions. I have no hesitation in recommending Islamic Wealth Management within the community.”Anjum Cave,
Brian has been looking after IBB’s customers for a number of years. As an IFA he consistently provides excellent customer service and expert financial advice in a Sharia compliant manner. As well as IBB customers, Brian looks after IBB’s staff pension scheme arrangements. He is a great person to work with.Imran Pasha,
Islamic Wealth Management is a trading name of Merlyn Wealth Management Ltd which is an Appointed Representative of ValidPath Limited which is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 197107.
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