Top Sharia’a compliant ISA | Product News - Moneyfacts

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Top Sharia’a compliant ISA

Top Sharia’a compliant ISA

Category: Savings
Date: 08/01/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Islamic Bank of Britain has launched a new Sharia'a compliant notice account which pays a market-leading rate.

The basics…

The 120 Day Notice cash ISA pays an impressive 1.80% monthly on a minimum investment of £250. The account can be opened and operated by branch, post, telephone or internet.

The finer details…

While additions and transfers in can be made, savers should be aware that no earlier access to funds is allowed. However, transfers out are permitted, subject to 120 days notice or loss of interest.

Why we like it…

This account pays a market-leading rate when compared to similar cash ISAs with no opening restrictions, and it's also the first Sharia'a compliant account to make the Moneyfacts best buy charts.

Four Moneyfacts Stars have been awarded.

What Next?


Find the best variable rate ISA

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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