UNB Islamic Mortgage
United National Bank was the first bank to offer Sharia compliant Islamic mortgages in the United Kingdom.
Our Islamic Mortgage gives you a simple and flexible way to own your own property, and the satisfaction of knowing you are acting in accordance with Sharia law.
Buying property is often the biggest single purchase a person or family will make, and, as a Muslim, it is not always the easiest - especially in the United Kingdom. Sharia law states that all transactions should take place without the payment or charging of Riba (interest), which can make a conventional mortgage unsuitable (where a customer takes out a loan that is repaid with interest).
The UNB Islamic Mortgage has been specially developed to avoid interest; it works on the principle of leasing (Ijara), so you never pay Riba.
For further information about the UNB Islamic Mortgage, download the printable brochure (6MB - 60 mins download on modem). You will need Acrobat Reader which is free to download here.
For your benefit and convenience, the UNB Islamic Mortgage Budget Planner is now available in a printer-friendly version. Simply print the form, fill in your details and take it to any branch of United National Bank.
