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Tuesday, February 9th 2010. 12:59:54 PM.

The Islamic Bank of Britain

(2 Votes)
The Islamic Bank of Britain


Description:

Home Purchase Plan - The Mortgage Alternative



Rates start from just 3.99% (applies to the Standard Fixed Product, Rental Rate fixed until June 2010*)


Fees Assisted Rental Rate from 4.59% also available featuring valuation fees paid and legal fees covered up to £1200**


Up to 80% finance offered on property value which must be over £150,000  


Only £299 administration fee    


No penalty for lump sum payments and no early payment charges  


Minimum finance of £70,000 - Maximum £750,000 (Exceptions considered).  


Income from up to four people can be taken into account


Our bank



Islamic Bank of Britain welcomes Muslims and non-Muslims alike as customers. Our aim is to provide banking services to the community at large.


We aim to adhere strictly to Sharia�a, as set down in Islamic teaching. All our products and services are Sharia�a compliant as approved by our Sharia�a Supervisory Committee. These services are founded on the values established within the Islamic faith.



Our services



We plan to provide Sharia�a compliant retail banking products and services, using modern management systems and up-to-date information technology and delivery channels.



We aim to ensure that our customers receive excellent service, with Islamic financial services which are competitive with those provided by conventional banks.



Our values


Our values come from the values established within the Islamic faith, and these


values we believe to be essential to any well-run, independent bank. They are:


Faith


Faith, to us, means two things. Firstly, it reflects our strong belief in the Islamic faith, from which flows qualities of consideration, respect and fairness. Secondly, we believe you benefit from these values, by the way we run our services.



Value


We aim to provide all our services on a market-competitive basis with conventional banks. We will strive to meet customers� expectations in the services we provide. Our Sharia�a Supervisory Committee seeks to ensure that Sharia'a compliance is at the heart of everything we do and every product that we offer.



Convenience


We aim to make all transactions with the bank simple for the customer � simple to understand and simple to deliver.



For your added convenience, we will have a variety of ways in which you can make use of these services � from branches and call centres, to postal banking and internet banking.


Trust


In looking after and investing your money, we believe that we are in a unique position of trust. We intend to do everything to live up to the trust you have placed in us and build a relationship with all our customers.



We are people of integrity, from the executive directors to the staff dealing with customers on a daily basis.



Our mission statement



To be the leading provider of sharia'a compliant islamic retail banking services in the United Kingdom;to achieve consumer recognition for superior service quality; and to deliver value for customers, staff and shareholders.


Our employees


We intend to provide our employees with long-term career opportunities and fulfilment, encourage them to grow with the success of the Bank and be confident in their future.



We will invest in training and human resources development to ensure that employees progress over time, and are appropriately rewarded for their efforts.



Our shareholders


Our goal is to provide our shareholders with a return on their investment that is comparable to that received by investors in conventional UK retail banks.



Our promise



We will aim to attain our business and customer service objectives whilst adhering rigorously both to Sharia�a and to the highest standards of professional conduct, corporate governance and ethics. This will include a thorough understanding of and compliance with Financial Services Authority regulations and directives, as well as those of other regulatory bodies.



Only by creating a reputation for excellence with our customers, counterparties, shareholders and regulators can the Bank truly prosper over the long term.



Address:
Islamic Bank of Britain plc, PO Box 12461
Birmingham, B16 6AQ
United Kingdom

Contact Details:
Phone: 0845 6060 786


Location:


Categories:


Also listed in:

 Finance » Islamic Banking