Muslim Mortgages

Until fairly recently, UK Muslims faced a problem when buying a house - almost all of the mortgages available were incompatible with Islam, as they involved payment of interest which is against Shariah law.

This meant that in order to buy a home, Muslims have either had to pay in cash, get a mortgage from a small or foreign provider, or compromise their beliefs.

More recently though, major high street mortgage lenders including Lloyds have launched Shariah-compatible services, and it's predicted that the Muslim mortgage market will grow strongly over the next few years, along with other forms of Muslim finance such as Child Trust Funds and banking.