Islamic Home Financing in England

AlRayan's bespoke home finance for Premier Banking clients - primarily high-net-worth UK and GCC-based buyers of residential property in England and Wales. Structured as Commodity Murabaha (Tawarruq) with a negotiable rental rate and negotiable finance-to-value, an admin fee typically 1% to 1.5%, standard monthly payments or a profit-only option with the finance amount payable at term end, voluntary additional payments from 2,000 GBP, no early settlement fees, and refinancing from conventional mortgages or other Islamic providers without stamp duty. Eligible properties: freehold residential in England and Wales, or leasehold with at least 80 years remaining plus the finance term. This replaced AlRayan's retail Home Purchase Plan range, which is closed to new customers.

Sharia'a compliant residential mortgages within BLME's real-estate-focused wealth management arm, aimed at overseas (particularly non-EEA and GCC) clients: holiday-home residential mortgages and buy-to-let mortgages, with property sourcing and acquisition support across the UK (specialising in prime central London). Execution-only - BLME does not give mortgage advice. Rates, FTV limits and fees are not published; each transaction is considered on its own merits by a relationship manager.

The UK's most complete retail Islamic mortgage alternative: Gatehouse buys the property jointly with the customer (acquisition and rent - the bank is registered owner, both are beneficial owners), the customer pays rent on the bank's share and acquires it over time. Published ranges at the crawl date (SVR 7.25%): UK Resident 2-year fixed rental rates from 5.68% (65-80% FTV, 499 GBP product fee, to 5m GBP) up to 6.78% (95% FTV, 999 GBP fee, to 600k GBP); 5-year fixed from 5.63% to 6.76%; Green (EPC A/B) variants around 10bp cheaper, from 5.53%. Application fee 149 GBP; finance 75,000 GBP to 5m GBP (10m by referral); terms 5 to 40 years; up to 4 applicants; properties in England and Wales only. Separate published ranges serve UK Expats and International residents (application fees 199/299 GBP). Additional acquisition payments up to 10% a year are free; beyond that an early redemption charge of 1-3% applies during the fixed period.

Shariah compliant buy-to-let finance on the same acquisition-and-rent joint ownership model as the HPP, for UK residents, UK expats and international residents, including specialist HMO and multi-unit freehold block (MUFB) ranges. Published initial rental rates at the crawl date run from 3.63% (2-year fixed, 65-80% FTV, Green, with higher product fee) through 4.63-4.89% mid-fee options to 5.73% low-fee 2-year products; HMO/MUFB from 3.74%. Follow-on rate is SVR + 1.00% (standard) or + 1.25% (HMO/MUFB), with SVR at 7.25%. Maximum FTV 80% (75% HMO/MUFB). England and Wales properties only.

Shariah compliant finance for income-producing property: purchase, refinance or equity release on commercial, mixed-use and residential buy-to-let assets - offices, retail, warehouses, student accommodation, banquet halls, individual BTLs, unlimited-size BTL portfolios and HMOs. Up to 65% of property value, terms up to five years, structured as Diminishing Musharaka (joint purchase with rent and staged acquisition, or rent-only with a lump-sum buyout at term) or Commodity Murabaha. Rates not published; relationship-managed through branches and a national intermediary channel. Not regulated residential mortgages.

Nester is the UK's Islamic peer-to-peer property finance platform (established 2018, London): experienced property professionals raise Sharia-structured finance of GBP 200,000 to GBP 5 million at up to 75% finance-to-value for buy-to-let acquisitions and refinances (residential and commercial, including offices, retail and dental practices), bridge finance and development projects, funded by a crowd of investors from GBP 1,000 who earn target returns of up to 9% per annum, with an Innovative Finance ISA wrapper (Goji Financial Services as ISA manager) making returns tax-free up to the GBP 20,000 allowance. Buyers must generally be UK-resident companies or LLPs (sometimes individuals), aged 21+, with clean credit; every deal carries a first-ranking legal charge over the financed UK property. Nester Platform Ltd is authorised and regulated by the FCA (FRN 915346).

Buy-to-let counterpart to Nomo's residential product, financing UK rental property purchases and refinances for GCC-based investors. Published BTL factsheet dated 08/2026: standard facility 100,000-749,999 GBP at 2-year fixed 5.51% / 5-year 5.89% (75% FTV); 750,000-1,999,999 at 5.49%/5.79%; 2m-5m at 5.46% 2-year (70% FTV) / 5.79% 5-year; application fee 1% of facility; refinance offers 5.46%/5.79% with 499 GBP fee; follow-on rate 7.5%; repayment 5-30 years, amortising or profit-only. Properties in England, Scotland and Wales (Northern Ireland excluded). As an investment product it falls outside FCA regulation and FSCS/FOS protection - stated plainly on the page.

Digital Sharia compliant finance for GCC-based buyers of UK homes (holiday homes and family bases rather than rental investments), applied for and managed in the Nomo app. Published product factsheet dated 08/2026: Nomo Standard (100,000-749,999 GBP facility) 2-year fixed 5.51% / 5-year fixed 5.89% at max 75% FTV with 1,499 GBP application fee; High Net Worth tiers (750,000-1,999,999 and 2m-5m GBP) from 5.46-5.79% with fees agreed on application; refinance offers from 5.25%; follow-on rate 6.99% with monthly Murabaha renewal; repayment 5 to 30 years, amortising or profit-only; minimum property value 150,000 GBP (350,000 GBP inside London). Properties in England, Scotland and Wales; Northern Ireland excluded. FCA-regulated with FSCS and FOS protections.

Offa's Sharia-compliant BTL finance (BTLPP) for landlords in England and Wales, in personal names or limited companies/LLPs, with rent-only (like interest-only) and rent-plus-acquisition (like repayment) variants. Terms run up to 40 years, minimum income is GBP 18,000 for at least one applicant, property values GBP 80,000 to GBP 5 million, and first-time landlords are eligible, including for HMO/MUFB applications on portfolio deals. The crawled rate card shows initial rental rates around 6.24% to 6.60% by FTV band (65%, 75%, 80%) with a 1% product fee (minimum GBP 999). The process is paperless with dual-representation conveyancing from a published solicitor panel, and expats are catered for. Offa is transparent that it holds legal ownership until buyout, secured by a lease, a Diminishing Partnership Agreement and a Legal Charge.

Offa's combined product that takes a landlord from a fast bridge purchase into a long-term Buy-to-Let Purchase Plan in one journey, avoiding double application fees with a flat GBP 495 fee for the combined route. The landlord can sublet during the agreed period, with the lease spelling out monthly rent. Eligibility mirrors the BTL side: minimum property value GBP 80,000, minimum income GBP 18,000 per annum, England and Wales, with rental affordability stressed at 125% coverage for basic-rate and Ltd Co/LLP borrowers and 140% for higher-rate taxpayers. Where rental income falls short, personal income can top up affordability.

The UK's first Islamic bridge finance product line, covering five variants across England and Wales: Residential Bridge (up to 75% gross FTV, GBP 100k to GBP 5m, including HMOs and multi-unit blocks), Commercial Bridge (65% FTV, first charge only), Light Refurbishment (no planning/structural works, up to 100% of costs capped at 30% of open market value), Heavy Refurbishment (to GBP 10m, 75% of GDV or 85% finance-to-cost), and Development Bridging (GBP 500k to GBP 10m where planning permission exists). All variants price from 1% per month profit rate with a 2% arrangement fee, on terms of 1 to 24 months (18 for light refurb). Open to UK residents and those with permanent residency rights; leaseholds need 70+ years remaining.

Offa's FCA-regulated Home Purchase Plan, launched as 'NEW for 2026', is the lowest-deposit certified halal home finance in the UK non-bank market: 5% minimum deposit (95% FTV), up to 7x income accepted, and coverage of England and Wales for UK residents and British expats. The published rate card (crawled 2026-08-06) runs from 5.50% discounted variable at 65% FTV (GBP 499 product fee) to 6.90% on the 2-year fix at 95% FTV (GBP 999 fee), with 2-year and 5-year fixed options at 65%, 80%, 90% and 95% FTV. Family Assist lets relatives join the plan to boost affordability without owning the property, and Gifted Equity allows buying below market value from family with the discount counted as deposit. Minimum property value GBP 80,000; minimum finance GBP 60,000. Offa promises ultra-fast, paperless decisions - same-day decisions and potentially same-day offers for eligible cases.

Pfida's co-ownership finance for landlords, offered on a limited case-by-case basis with a social-purpose framing: helping supply affordable rental housing. The structure mirrors OwnTogether - partnership purchase, rent on Pfida's share, equity acquisition at your pace - with a rental discount mechanic that encourages landlords to pass savings to tenants as they buy more equity. Unlike conventional BTL, finance is assessed on the landlord's personal affordability rather than projected rental income, on the reasoning that payments must be sustainable even when the property is untenanted. Maximum finance is GBP 400,000 (including for existing Pfida residential customers), with property values from GBP 50,000 to GBP 500,000. A legal charge is applied to all financed buy-to-let properties.

Pfida's debt-free home provision partnership, the successor to the Primary Finance Home Purchase Plan. You bring a recommended 20% initial equity (15% case by case), Pfida's ring-fenced entity Pfida Finance PLC buys the property with you, and you pay rent scaled down by the equity you own, with annual rent reviews capped. Uniquely, there is no contractual obligation to buy Pfida's share at all - you purchase equity at your own pace, can switch to rent-only in any month, and can even pay rent from your equity buffer if times get hard. Pfida sells its share back at the original purchase price, not market value, so all capital appreciation on your side of the ledger is yours. Finance runs GBP 50,000 to GBP 400,000 on properties valued GBP 100,000 to GBP 500,000. Access is through a public waiting list that Pfida itself describes as very long (an FAQ references 5 years); Grow-Your-Savings Home account holders join a separate, prioritised list. Around 2021-era customers are cited on-site; the model is funded by Pfida's savings products rather than bank credit lines.

Murabaha facilities for the purchase or refinance of London residential property for private banking clients - both regulated home finance (owner-occupied) and buy-to-let - with profit-only or partially amortising payment options and a choice of fixed or variable profit rates. Alongside sits the Structured Real Estate desk, financing investment, development and refinancing of residential and commercial projects across the UK. No rates, FTV limits or fees are published; terms are described as 'very competitive' and negotiated per client.

StrideUp's Shariah-compliant buy-to-let finance for landlords and investors in England, in personal names (up to 4 applicants) or newly incorporated SPVs with no minimum trading history. Finance runs from GBP 50,000 to GBP 2.5 million per property (GBP 3 million per portfolio) at up to 80% FTV to GBP 1m value, 75% to GBP 1.5m, 60% to GBP 2.5m, and 75% for HMOs (up to 12 rooms) and multi-unit freehold blocks (up to 10 units). First-time landlords and first-time buyers are accepted (minimum income GBP 25,000, or GBP 30,000 in London and the South East); experienced-landlord requirements apply only to HMO/MUB. Top slicing lets personal income support lower-yielding properties, and British expats are eligible. In 2026 StrideUp doubled its HMO and MUFB limits and raised maximum financing to GBP 2.5m.

StrideUp's FCA-regulated halal Home Purchase Plan for buying or refinancing a main home in England. StrideUp buys the property with you; your minimum 10% deposit becomes your equity and each monthly payment combines rent on StrideUp's share (Ijarah) with acquisition of that share, until you own the home outright. Finance runs from GBP 50,000 to GBP 1.5 million at up to 90% finance-to-value, over terms of 5 to 40 years with 2-year and 5-year fixed rental rates (from 5.99%, per the site banner). Up to four applicants can combine incomes, 100% gifted deposits are accepted (not limited to immediate family), and income assessment covers PAYE, self-employed from one year of accounts, second jobs, zero-hours contracts, pensions and certain benefits. Most Decisions in Principle are issued the same working day and full applications reached offer in just over 2 weeks on StrideUp's 2025 average.