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Islamic Bank of Britian (IBB)     

johngrinsell - 24 Oct 2004 22:04

Noticed this bank new to the market recentley. any comment would be welcomed

azhar - 26 Oct 2004 12:10 - 11 of 219

I am a muslim and was thinking of getting my Mortgage from them. I think there will be a lot of muslims taking up their sharia compliant Mortgage.

shedjock - 26 Oct 2004 12:31 - 12 of 219

Hi Azhar....... Can you tell me whether the cost of the "loan" compares favourably with a Standard variable rate mortgage offered by other lenders ? And if there are any drawbacks ?

Thanx...

azhar - 26 Oct 2004 22:50 - 13 of 219

Some of my friends have taken mortgages with them recently and have said the costs per month are similar. The draw back is that the deeds are with the bank and not on your name.

Baughfell - 27 Oct 2004 00:15 - 14 of 219

I'm considering a business plan for an anglo-saxon bank of saudi arabia.

shedjock - 27 Oct 2004 00:25 - 15 of 219

I'm considering buying some IBB stock.......... but if he'd said no, it's dirt cheap, I would have left it alone...........

Shukrya

aldwickk - 27 Oct 2004 12:49 - 16 of 219

i'm considering a plan for a Christian bank of Saudi Arabia.

Janus - 27 Oct 2004 13:22 - 17 of 219

Mmm well good luck in your plan but doubt it will get beyond your planning stage. It could be construed as spreading Christianity. and they are not as tolerant over there as the UK.

aldwickk - 27 Oct 2004 13:35 - 18 of 219

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