Savings Champion

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HBZ SIRAT eDEPOSIT - 6 Months	12 Month Fixed Term (provided by Al Rayan Bank)	18 Month Fixed Term (provided by Al Rayan Bank)*	36 Month Fixed Term (provided by Al Rayan Bank)*	60 Month Fixed Term (provided by Al Rayan Bank)*

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AER What's This? This stands for Annual Equivalent Rate and is supposed to help you to compare different savings accounts.
4.75%	4.80%	4.55%	4.60%	4.40%
Expected Profit Rate What's This? Sharia compliant accounts pay an 'Expected Profit Rate' as an alternative to interest, which is the level of profit paid by the provider to the saver.
4.75%	4.80%	4.55%	4.60%	4.40%
Minimum opening balance
£5,000	£1,000	£1,000	£1,000	£1,000
How to manage the account
Post	Online	Online	Online	Online
How to apply
Online	Online	Online	Online	Online
Account summary
No access within the term. The rate is not guaranteed, in order to comply with Sharia Law the rate displayed is an expected profit rate. Interest is paid on maturity.	No access within the term. Interest is paid on maturity. This account is available through the Raisin UK Savings Marketplace. The rate is not guaranteed, in order to comply with Sharia Law the rate displayed is an expected profit rate. This savings account is powered by the provider's partner, Al Rayan Bank is covered by the Financial Services Compensation Scheme, so funds deposited are protected up to £85,000. Be aware that any funds that you already hold with Al Rayan Bank will also count towards this limit.	No access within the term. Interest is paid on maturity. This account is available through the Raisin UK Savings Marketplace. The rate is not guaranteed, in order to comply with Sharia Law the rate displayed is an expected profit rate. This savings account is powered by the provider's partner, Al Rayan Bank is covered by the Financial Services Compensation Scheme, so funds deposited are protected up to £85,000. Be aware that any funds that you already hold with Al Rayan Bank will also count towards this limit.	No access within the term. Interest is paid on maturity. The rate is not guaranteed, in order to comply with Sharia Law the rate displayed is an expected profit rate. This account is available through the Raisin UK Savings Marketplace, or directly through Al Rayan Bank. This savings account is powered by the provider's partner, Al Rayan Bank is covered by the Financial Services Compensation Scheme, so funds deposited are protected up to £85,000. Be aware that any funds that you already hold with Al Rayan Bank will also count towards this limit.	No access within the term. Interest is paid on maturity. The rate is not guaranteed, in order to comply with Sharia Law the rate displayed is an expected profit rate. This account is available through the Raisin UK Savings Marketplace, or directly through Al Rayan Bank. This savings account is powered by the provider's partner, Al Rayan Bank is covered by the Financial Services Compensation Scheme, so funds deposited are protected up to £85,000. Be aware that any funds that you already hold with Al Rayan Bank will also count towards this limit.
Financial Services Compensation Scheme What's This? The Financial Services Compensation Scheme currently protects you up to £85,000 per person, per banking licence (Please note many providers share banking licences). Discover more in our FSCS Licence Information Guide If you want to ensure your savings are fully protected now and in the future, whilst getting the best rates of interest, our Cash Advice Service can help you. Request a free, no obligation conversation to find out more.
Own Licence	Own Licence	Own Licence	Own Licence	Own Licence

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Sharia Fixed Term Accounts

AER What's This?

Expected Profit Rate What's This?

Minimum opening balance

How to manage the account

How to apply

Account summary

Financial Services Compensation Scheme What's This?

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