- UK's first FSA (Financial Services Authority) approved Islamic bank established Sept 2004
- First standalone Islamic retail bank in the Western world
- Launched on the London Stock Exchange - AIM market - on 12 October 2004
As the first stand-alone, Sharia compliant, retail bank in the UK to be authorised by the Financial Services Authority we aim to provide a friendly, inclusive and personal service for all our customers.
Islamic Bank of Britain is incorporated and registered in England and Wales with Registration No. 4483430. Registered office : Edgbaston House, 3 Duchess Place. Hagley Road, Birmingham, B16 8NH.
Islamic Bank of Britain is authorised and regulated by the Financial Services Authority under registration number: 229148. Islamic Bank of Britain is a member of the Financial Ombudsman Service.
Membership of the Financial Services Compensation Scheme
Islamic Bank of Britain PLC is a member of the Financial Services Compensation Scheme.
The Scheme may provide compensation if we cannot meet our obligations. For example, in respect of deposits with a UK office, payments under the scheme are limited to 100% of the first £50,000 of a depositor's total deposits with the bank. Most depositors, including individuals and small firms are covered. The scheme covers deposits made with the offices of the bank within the European Economic Area. Further information about compensation arrangements is available from the Financial Services Compensation Scheme