Islamic Bank of Britain bond rate increases - Savings - News |

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Islamic Bank of Britain bond rate increases

Islamic Bank of Britain bond rate increases

Category: Savings

Updated: 20/06/2017
First Published: 01/03/2013

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 It is now over 6 months old so the content may be out of date.

The Islamic Bank of Britain has boosted the rate on its one-year Sharia'a compliant Fixed Term Deposit bond, available to savers with deposits of £1,000 and over.

The basics…

This deal pays a competitive one-year rate of 2.00% upon maturity.

The finer details….

Early access and further additions are not allowed.

The account is available to savers aged 16 and over and can be operated in branch, by post or telephone.

Why we like it….

This deal pays an appealing rate to investors of all faiths, looking for a competitive short-term savings bond.

What next?

Compare the best savings rates
1 year fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.