Can You Advise on the Permissibly of Al Rayyan Bank in the UK’s Home Purchase and Buy to Let Plans

CategoriesTrade, Business & All Things Money [552]

Fatwa ID: 04520

Answered by: Muftiyah Sabrina Al-Faarsiyyah





I would be grateful if you could advise on the permissibly of Al Rayyan Bank in the UK's home purchase and Buy to Let Plans.

I've attached their terms for your reference and their certification.

I would be grateful if you could study the terms and let me know if it would be permissible to take out either of the options as I do not want to get involved in any interest-based or unlawful transactions.

If more information is required please let me know

Jazakallah Khair



بِسْمِ اللهِ الرَّحْمنِ الرَّحِيْم 

In the name of Allah, the Beneficent, the Merciful




Al Rayan Bank has reputable scholars with expertise in Finance that have approved the bank as Shari’ah compliant. However, because there are scholars that have objected to their validity, it would be best if you opt for it if it is your only Shari'ah-compliant option.


Only Allāh Ta’ālā knows best

Written by Muftiyah Sabrina Al-Faarsiyyah

Checked and approved by Mufti Mohammed Tosir Miah 

Darul Iftā Birmingham



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