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Islamic Bank of Britain bond scores high

Islamic Bank of Britain bond scores high

Category: Savings

Updated: 28/08/2012
First Published: 17/08/2012

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 It is now over 6 months old so the content may be out of date.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 Fixed Term Deposit paying a quarterly indicative profit rate of 3.70% for twenty-four months.

Savers can invest between £1,000 and £100,000. Further additions and early access are not permitted.

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

This product sits comfortably within the medium term fixed rate bond market and has been awarded four out of five Moneyfacts stars.

Compare Medium Term Fixed Rate Bonds - Our team of independent experts have selected a mixture of 10 Best Buy 2 year & 3 year fixed rate bonds

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