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    Yhamid's Avatar
    Yhamid Posts: 1, Reputation: 1
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    #1

    Feb 8, 2015, 01:30 PM
    Can investment mortgage be taken using Islamic Bank of Britain (rent share concept)?
    Can investment Mortgage (for property) be taken using Islamic Bank of Britain (rent share concept instead of Interest)? Purpose is to rent out and pay monthly rental/Mortgage cost towards Islamic Bank of Britain.

    Wasalaam
    Yasser
    talaniman's Avatar
    talaniman Posts: 54,327, Reputation: 10855
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    #2

    Feb 8, 2015, 02:00 PM
    You could certainly ask them.

    In December 2014, Islamic Bank of Britain officially changed its name to Al Rayan Bank PLC, to reflect its status as part of the Masraf Al Rayan (MAR) group of companies.
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