Thursday 23 October 2014

IBB accredits new shariah-compliant pension scheme

Islamic Bank of Britain (IBB) has accredited the ‘Islamic Pension Trust,’ a new fully shariah-compliant auto-enrolment pension scheme.   The scheme was developed by Carey Pensions UK, with guidance fr


Islamic finance ‘relevant to all faiths’

A majority of non-Muslim UK consumers believe that Islamic finance is relevant to all faiths, said a recent survey. The first national survey by UK-based sharia-compliant retail bank Islamic Bank of Britain pointed out that about


IBB launches sharia-compliant cash account

Islamic Bank of Britain (IBB), the UK’s only wholly sharia-compliant retail bank, has launched its IBB Notice Cash Individual Saving Account (ISA). The account offers consumers an ethical, tax-free way to save, with an expec


UK Islamic bank closes Scottish housing deal

Islamic Bank of Britain (IBB), a UK-based sharia compliant retail bank, said it has completed its first finance deal in Scotland for Al-Meezan, a non-profit, non-political organisation based in Glasgow.   The deal for commerc

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