About Us

Islamic Bank of Britain has pioneered Sharia’a-compliant retail banking in the UK.  The Bank was also the first to introduce Sharia’a-compliant Business Banking to the UK, and now offers a wide range of institutional and business products and services, including Commercial Property Finance.

IBB is overseen by a Committee of qualified and experienced Scholars, who are charged with ensuring that all products, services and processes comply with Sharia’a principles.  In addition to conducting Sharia’a reviews and approving the Bank’s operations, the Committee also provides advice and guidance, based on their knowledge and experience within the Islamic Finance industry.

Many of the bank’s products remain unique in the UK retail market (e.g. Sharia’a-compliant Personal Finance and a range of Sharia’a-compliant savings accounts).

The bank is authorised and regulated by the Financial Services Authority and meets UK banking regulations and strict safeguards for customer deposits.  All products offered by the bank are fully approved by the Bank’s Sharia’a Supervisory Committee (SSC).

Whilst the Bank offers products and services that are designed in accordance with Sharia’a principles, it is an inclusive Bank and welcomes customers of all faiths.

Sharia’a-compliant banking operates without the use of interest.  The products that are offered are structured in a different way to those provided by conventional banks.  The Bank uses the latest technology to ensure that it provides customers with a reliable and quality service comparable to other banks in the UK.