
The Ahli United Bank (UK) PLC is dedicated to offering Islamic home purchase plans to members of the Muslim community.
AUBUK, who were once known as the United Bank of Kuwait , have been offering clients Manzil Home Purchase Plans since 1997.
Home Purchase Plans of this nature have set the standard of Islamic banking in the UK , and the Ahli United Bank were the first regulated bank to issue a mortgage product specifically for Muslims in the UK .
Home Purchase Plans are different to conventional mortgages, and are offered along two different routes of Islamic finance, Murabaha and Ijara Ijara, both of which are approved of under Shari’ah law.
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