As a Sharia compliant bank, we are unable to finance commercial properties where the primary income is derived from non-Shariah compliant activities, such as licensed alcohol premises or gambling.

Where income is derived from tenants such as supermarkets, where there is a limited income derived from non-Shariah compliant activities, we will consider applications on a case-by-case basis.

No, Al Rayan Bank currently only finances properties in England, Wales and Scotland.    

Al Rayan Bank is currently unable to offer development finance, although should customers require ‘take-out’ financing (long-term financing that replaces short-term interim financing), we will assess each application on a case-by-case basis.

No, the Bank’s financing offer is for property investing financing.

The Bank will consider finance proposals in the range of £2.5m - £32m, with smaller financing requirements handled by the Bank’s retail banking division.

Al Rayan Bank currently only provides a variable rate finance option.

Typically, Commercial Property Finance is provided by way of a 5-year profit only finance or 7-year partial amortising finance. Longer terms may be considered on a case-by-case basis.