UK - 4% return offered from Islamic Bank of Britain

Islamic Bank of Britain today announced a limited period profit rate of 4% returns for its 24 month Fixed Term Deposit Account.

Topping the ‘Best Buy’ tables, the account is currently beating the returns being offered by high street banks across the UK.  (source)

UK - Sesame partner with Islamic Bank of Britain

Sesame partner with Islamic Bank of Britain for Islamic mortgage alternative.

Sesame Network members will have access to the full range of IBB’s Sharia compliant mortgage alternative, the Home Purchase Plan.  As part of the tie-up, intermediaries will be able to submit fully packaged applications or referrals to IBB. (full story)