Buying a home the Islamic way means ensuring your entire property journey is free from riba (interest), fully compliant with Sharia law, and structured around ethical finance principles. If you’re a Muslim buyer in the UK—or simply someone seeking a values-based alternative to conventional mortgages—Fraser Bond offers complete support to help you purchase a property in full alignment with Islamic finance.
In Islam, paying or receiving interest (riba) is strictly forbidden. Conventional mortgages in the UK involve interest payments to the lender over time, making them non-compliant with Sharia principles.
Buying a home the Islamic way requires the use of halal financing models that avoid interest, speculation, and unethical sectors (e.g. gambling, alcohol).
UK Islamic banks and finance providers offer several Sharia-compliant home financing structures. These allow you to purchase a property without interest while maintaining ownership security and transparency.
The bank buys the property and leases it to you.
You pay monthly rent and gradually acquire ownership.
No interest is charged—only agreed rental and transfer payments.
The bank purchases the home and sells it to you at a disclosed profit.
You repay the fixed price in instalments—no interest involved.
Ideal for buyers with larger deposits or who want payment clarity.
You and the bank jointly own the home.
You make monthly payments to buy out the bank’s share while paying rent on the part you don’t yet own.
Eventually, you own the property outright.
Some of the leading Sharia-compliant mortgage providers in the UK include:
Al Rayan Bank
Gatehouse Bank
UBL UK
Ahli United Bank (UK)
Each lender has specific eligibility criteria for:
Employment status (salaried, self-employed, business owner)
Deposit requirements (typically 20%–35%)
Credit profile and documentation
Residency status (UK and overseas applicants accepted in some cases)
Fraser Bond can help you select the right lender based on your profile and match you with suitable products.
Fraser Bond is a trusted advisor in the UK property market, especially for clients requiring Islamic finance guidance. We support you from initial planning to keys-in-hand, including:
Sourcing eligible properties across London and the UK
Introducing you to Islamic mortgage providers
Preparing your documents for lender approval
Coordinating with Sharia-compliant solicitors
Ensuring full legal, religious, and financial compliance
Helping overseas buyers enter the UK market ethically
Buying a home the Islamic way in the UK is fully possible—with the right structure and support. Whether you’re a first-time buyer, investor, or looking for a family home, Fraser Bond can help you finance your property riba-free.
Visit FraserBond.com or contact our Islamic finance advisory team today to schedule a consultation.
