Shariah or Islamic law is derived from the Quran and Sunnah (way of life) of the Prophet Muhammad (peace be upon him) and provides a set of obligations and guidelines for good moral behaviour for Muslims in every aspect of life.

Under Shariah law, making money from money, such as charging interest, is usury and therefore not permitted.

For devout Muslims this makes it difficult to participate in a range of financial products that many people take for granted, from pensions and life insurance to credit cards, interest-bearing current accounts and conventional mortgage arrangements.

Wealth should be generated only through legitimate trade and investment in assets. Investment in companies involved with alcohol, gambling, tobacco and pornography is strictly off limits - an aspect that aligns Islamic Investments with Ethical Investments.

Until now the only options for British Muslims wanting to buy their own home has been to buy with cash, rent, or else put their religious beliefs aside and opt for a conventional mortgage.

To learn more about Islamic Finance select the page links above. 

For further information contact us on 0845 359 1 359 or complete an Enquiry Form and a representative will call you back.