|To view regulatory information
Islamic Bank of Britain is the UK's first Islamic Retail bank to gain regulatory approval. IBB commenced banking operations on 12 October 2004 and is regulated by the Financial Conduct Authority and the Prudential Regulation Authority. To view the latest Annual Report and Financial Statements, click here.
IBB provides Sharia compliant retail banking products and services using modern management systems and up-to-date information technology and delivery channels.
All our products and services are Sharia compliant as approved by our Sharia Supervisory Committee.
We aim to ensure that our customers receive excellent service with Islamic financial services which are competitive against those provided by conventional banks.
WARNING TO SHAREHOLDERS
Over the last year, many companies have become aware that their shareholders have received unsolicited phone calls or correspondence concerning investment matters. These are typically from overseas based 'brokers' who target UK shareholders, offering to sell them what often turn out to be worthless or high risk shares in US or UK investments.
They can be very persistent and extremely persuasive and a 2006 survey by the Financial Services Authority (the fore-runner of the current regulatory authorities) reported that the average amount lost by investors is around £20,000. It is not just the novice investor that has been duped in this way; many of the victims had been successfully investing for several years.
Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares at a discount or offers of free reports into IBB.
If you receive any unsolicited investment advice:
Make sure you get the correct name of the person and organisation that has contacted you:
- Check that they are properly authorised by the Financial Conduct Authority (FCA) before getting involved. You can check that the organisation is registered with the FCA by clicking here.
- The FCA also maintains on its website a list of unauthorised overseas firms who are targeting, or have targeted, UK investors.
- Any approach from such organizations should be reported to the FCA so that this list can be kept up to date and any other appropriate action can be considered.
- The contact details for the FCA can be found at this website.
If you deal with an unauthorised firm, you will not be eligible to receive payment under the Financial Services Compensation Scheme
You can contact our shareholder helpline on:
- From the UK 08716 640 300
- From overseas +44 (0)208 639 3399
IBB does not share your details with any third party companies for the purposes of marketing. Details of any share dealing facilities that the company endorses will only ever be included in official IBB mailings.
Last updated 03/04/2013