For Muslim homebuyers in the UK seeking interest-free, Sharia-compliant financing, Islamic home purchase plans (HPPs) offer a compelling alternative to traditional mortgages. These financial products comply with Islamic principles, avoiding riba (interest), and are offered by a growing number of FCA-regulated banks.
Fraser Bond—one of London’s leading property advisors—helps Muslim clients secure halal property finance, providing expert guidance through the selection, approval, and purchase process.
Islamic HPPs enable homebuyers to acquire property without paying interest, using ethically structured finance models instead. The most common halal mortgage types include:
Ijara (Lease-to-Own): The bank buys the property and leases it to you, with rent payments contributing towards ownership.
Murabaha (Cost-Plus Sale): The bank buys the property and sells it to you at a fixed profit, which is repaid over time.
Diminishing Musharakah (Co-Ownership): You and the bank jointly purchase the property. You gradually buy out the bank’s share while paying rent on their portion.
All structures are approved by Islamic scholars and structured to comply with UK financial regulations.
The UK Islamic finance sector is well-established, with the following banks offering competitive HPP products:
UK’s most recognised Islamic bank
Offers Ijara and Diminishing Musharakah models
Suitable for both residential and buy-to-let buyers
Accepts salaried, self-employed, and international clients
Sharia-compliant bank specialising in ethical finance
Offers home finance, buy-to-let, and expat property products
Strong focus on London and South East England
Known for digital onboarding and high customer service
Provides Islamic mortgages using cost-plus structures (Murabaha)
Works well for high-deposit buyers and investors
Tailored solutions for residential and investment buyers
Offers bespoke HPP deals for high-net-worth clients
May fund prime Central London homes or multi-unit properties
Fraser Bond works closely with all of the above lenders, offering clients an efficient and compliant route to homeownership.
Whether you're a first-time buyer, investor, or overseas purchaser, Fraser Bond ensures your Islamic finance process is seamless, transparent, and Sharia-compliant.
Our services include:
Matching you with the right Islamic mortgage provider Preparing and submitting compliant applications
Coordinating with Sharia-approved solicitors
Assisting with eligibility checks and affordability assessments
Identifying qualifying properties across London and the UK
Our compliance and property specialists ensure your journey to homeownership is not only halal—but smooth, strategic, and successful.
Fraser Bond helps Muslim clients finance homes in full accordance with Islamic law. With expert insight into both property markets and halal finance, we are your trusted partner in ethical property acquisition.
Visit FraserBond.com today or book a consultation with our Islamic finance team.
