Please view our control your data page for details. Find contact details for our operations in different regions (Europe, Asia Pacific, Americas, Africa and Middle East) and Group. If you’re employed, you’ll need to have worked for the same employer for at least three months, and in work continuously for at least 18 months. Your home may be repossessed if you do not keep up repayments on your mortgage. We’re ready to move, invest and preserve your wealth, so you can make the most of your world. Your monthly repayments may be lower, but you’ll need to have a robust repayment strategy in place. If you're looking to buy a property to live in, we can help you choose from a range of fixed and tracker  mortgages or a combination of both. Return to reference. An Islamic mortgage allows you to buy a house in a sharia-compliant manner over a number of years without using any interest (riba). Mortgages are available to existing Barclays International Banking clients. Choose from a range of UK mortgages with the on-going support of our mortgage advisers, who'll support you through the process of buying a property. Barclays Insurance Services Company Limited and Barclays Investment Solutions Limited are each authorised and regulated by the Financial Conduct Authority. Under Islamic mortgages the bank technically buys a property which is rented to the customer on a 25-year term until sufficient payments have been made to match the purchase price, plus a small profit. Please note that Barclays International Banking does not offer an investment advisory service to UK nationals living in the UK. Al Rayan Bank are the biggest and earliest Islamic bank. Mortgage adviser appointments are available when you are, at the evenings and at weekends (Monday to Friday 08:00-21:00, Saturday 08:30-17:00, Sunday 09:00-15:30, excluding bank holidays).Return to reference, Mortgage Experts are available daily between 07:00 and 20:00 except bank holidays. At the end of the term, you’ll still owe the amount you originally borrowed, and you’ll have to repay it in full. You’ll find guides to the types of mortgage we offer and how to apply for a mortgage. Packaging checklist [PDF, 294KB] It will be interesting to see what happens over hte next few years. 7.1% UK Muslim adults earn over £50,000 which is similar to the overall UK picture which shows that 7.4% of adults earn in excess of this figure. Islamic law prevents Muslims from paying or receiving interest. Whether you’re thinking about buying to let or expanding your property portfolio, explore some mortgages, tips and insurance deals to help with your plans. Unsure what to search for? 7% of Muslim adults earn less than £20,000 per annum (p.a. UK lenders typically prefer to make variable rate loans, as this allows an easier match between the lender’s own funding and the mortgage loan advanced. 0345 300 0000 (+44 1733 347 007 from outside the UK) These lines are available 24/7. Travel with breakdown cover and airport lounges, Use our calculators to help work out your monthly payments for the amount you need, Get an online Agreement in Principle to see if you could be eligible – without affecting your credit score. We’ll send you a Track It reference any time you submit an application that you can track online. Please speak to an adviser for more information. Lloyds Bank accused of religious discrimination over free overdrafts on Islamic accounts. They have the largest series of Islamic home mortgage items in the market, and are well capitalized. Other customers found these links helpful. Help and info about international mortgages. We establish a partnership of mutual consent for the joint ownership of a property and rent our share out to you. Fixed rate mortgages can be a great way to plan ahead or work to a budget. Perfect for buyers prepared to think differently. Barclays Bank UK PLC and Barclays Bank PLC are each authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. A Part and Part mortgage allows you to split your home loan and combine the security of a fixed rate mortgage with the flexibility of a tracker mortgage. In order to qualify for a Sharia mortgage, you’ll typically need a deposit of at least 20% of the property. Two-year fixed rate rents start at 3.19 per cent for UK residents, 3.75 per cent for expats, and 3.99 for international residents. Islamic current accounts. ... Our home purchase plans, an alternative to conventional mortgages, offer you competitive rates and an ethical approach. International Banking is available if you have £25,000 (or currency equivalent) to deposit and maintain across your accounts. We can help you manage your money through the coronavirus situation if your circumstances have changed, from payment holidays to extending your mortgage offer. Islamic Mortgages .co.uk is the UK's most recommended website on islamic mortgages, which provides details of all the current Muslim, Halal, Shariah compliant mortgage / finance products available within the UK.. Such long term fixed rate mortgages are relatively uncommon in the UK. Our video call facility is open on bank holidays. JavaScript is disabled in your browser. It requires a larger deposit than an Ijara mortgage (typically around 20%), but once you have paid this the property will be registered in your name and you will then pay the remaining debt at a fixed rate over an agreed period of time. Al Rayan Bank (formerly Islamic Bank of Britain) Al Rayan Bank are the largest and oldest Islamic bank. 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