Buying a home in accordance with your faith

Our Islamic home finance facilities (Islamic Personal Home Purchase Plan and Islamic Buy to Let Purchase Plan), are built upon morally-binding promises between the customer (you) and the investor (UBL UK) under the principle of Diminishing Musharaka. We establish a partnership of mutual consent for the joint ownership of a property and rent our share out to you. You eventually become sole owner once all of the acquisition payments have been made.

To find out more, contact us on 0121 753 6000 to book a no obligation appointment with one of our Community relationship Managers, or visit

Islamic Home Finance

Islamic Home Purchase Plans

The UBL UK Islamic Home Purchase Plan is for self-occupancy only and is only available to UK residents. Subject to affordability, eligibility and relevant checks.

  FTV Rental Rate Minimum Finance Amount  Administration Fee Early Repayment Charges  
Islamic Home Purchase Plan (Self Occupancy) - Variable 80% 3.75% Variable £100,000 minimum finance amount 0.50% of the finance amount No ERC Find out more
Islamic Home Purchase Plan (Self Occupancy) - Variable 70% 3.60% Variable £100,000 minimum finance amount 0.50% of the finance amount No ERC Find out more
Islamic Home Purchase Plan (Self Occupancy) - Variable 60% 3.50% Variable £100,000 minimum finance amount 0.50% of the finance amount No ERC Find out more

Islamic Buy To Let

Our Islamic Buy To Let Purchase Plans offer a Shari'ah compliant way to manage a small property portfolio for UK Residents. Maximum total property portfolio size of 4 properties to be eligible to apply.

  FTV Rental Rate Minimum Finance Amount Administration Fee Early Repayment Charges  
Islamic Buy to Let Purchase Plan (UK Residents Only) - Variable 70% 4.10% Variable £100,000 minimum finance amount 0.50% of the finance amount No ERC Find out more
Islamic Buy to Let Purchase Plan (UK Residents Only) - Variable 60% 3.75% Variable £100,000 minimum finance amount 0.50% of the finance amount No ERC Find out more

Notification of early closure

The branch network and Customer Service Centre will be closing earlier than usual on Friday 20th December 2019, from 12pm. If you have any queries relating to this early closure, please feel free to come in and talk to a member of our UBL UK team who will be more than happy to help you.

UBL UK