Islamic Bank of Britain plc.

Masjid & Charities Features and Benefits

  • No notice required to make withdrawals from the Savings Account.
     
  • No limit to the number of withdrawals you can make in any month – subject to there being sufficient funds in your account.
     
  • Minimum deposit of £1 required to open an account.
     
  • Profits are calculated and paid on the last working day of every month, based on the daily closing balance you maintained in your account for that month.  

    To find out more about the Profit Sharing Ratio click here

  • Deposits may be made by cash at our branches, by cheque or by direct account transfer.
     
  • This account is approved by our Sharia'a Supervisory Committee to comply with Sharia'a principles.
     
  • Your money is invested ethically. We use your funds only in Sharia'a compliant activities and do not invest, for example, in alcohol or tobacco companies.
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