faq regarding compare providers
How long does the approval process take?
It depends on the provider, but most applications take between two and six weeks from start to finish. Having your documents ready can speed up the process.
Is Islamic home finance only for Muslims?
No. Anyone can apply. The products are based on ethical principles and shared ownership models that are open to all, regardless of religion.
Can I get Islamic finance for buy-to-let properties?
Yes. Some banks offer halaal buy-to-let options, especially for experienced landlords or those with higher deposits. These products must still avoid interest and follow shariah rules.
How much deposit do I need for Islamic home finance?
It varies by provider, but most require at least 10 to 25 percent of the property value. Some may accept less depending on your income and credit history.
Is it better to go through a broker or apply directly?
Some providers work only through brokers. Others accept direct applications. A broker with Islamic finance experience can help you compare deals, but may charge a fee.
Are all Islamic banks in the UK the same?
No. Some are fully Islamic banks while others are conventional banks that offer Islamic products. Their models, fees and processes may vary. Always check the details before applying.
